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Steve Thoele's Blog

By Steve Thoele | Broker in Lake Oswego, OR

Monthly update on the Milwaukie real estate market for July 2013

The Milwaukie real estate market finished May with 83 closed sales, which is up from the 63 & 59 closed sales during the prior months of April and March respectively. Of the 83 closed sales in May, 16 were distressed properties (foreclosures/short sales) representing 19% of the closed sales for the month. As of the end of May, distressed properties accounted for 33% of the active listing inventory. There was 1 closed sale of homes valued over $500K during May and a total of only 1 over the three month period of March – May.

You can check out the remainder of this market update and an accompanying chart in my latest blog post by clicking here: Milwaukie real estate market update.  I welcome your questions or comments!

Steve Thoele, Principal Broker
Premiere Property Group, LLC
503-680-2065 (cell)
Portland Oregon Real Estate Blog
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