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Steve Thoele's Blog

By Steve Thoele | Broker in Lake Oswego, OR

Monthly update on the Gresham Oregon real estate market for April 2011

The real estate market in Gresham finished February with 47 closed sales, which is below the 53 & 55 closed sales recorded during January and last December respectively.  Of the 47 closed sales in February, 30 were distressed properties (foreclosures/short sales) representing 64% of the closed sales for the month.  There were no closed sales of homes valued over $500K during January and a total of only 3 sales over the three month period of December – February.

Click here to see the remainer of this update and an accompanying chart in my blog post on our website.  I welcome your questions or comments!

Steve Thoele, Principal Broker
Keller Williams Realty-Portland Premiere
503-680-2065 (cell)

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