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Dan, Both Buyer and Seller in Portland, OR

What is the average price reduction in Galaxy condos over the past year?

Asked by Dan, Portland, OR Sun Oct 12, 2008

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Hi Dan

I can provide a detailed list.

Call me I can email it to you.


Let Coldwell Banker bring you home!!



Jose Martinez
201-494-1973
0 votes Thank Flag Link Thu Feb 7, 2013
In the past 12 months, there have been 21 sales in the Galaxy, with an average selling price of $386,700 and a median price of $363,800.

For the previous 12 months, there were 32 sales, with an average selling price of $427,600 and a median price of $362,500.

So using the average, prices have dropped 10%, while using the median, prices are basically unchanged. So I'd go down the middle of the 2 indicators and say that prices are down around 5% over the past year.

However, keep in mind that this sample size is fairly small.

If you have any other Galaxy questions, contact me anytime!

-Marc

Marc Paolella
Relocation Director
Member, Worldwide ERC
Licensed Realtor NJ
Licensed Appraiser NJ & NY
Century 21 Joe Tekula Realtors
Phone (direct): (973) 584-4235
e-mail: marc2000@verizon.net
web: http://www.marcpaolella.com
Web Reference: http://www.marcpaolella.com
0 votes Thank Flag Link Mon Oct 13, 2008
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