October 2016 Real Estate Market Statistics

The following is the latest Real Estate Market Statistics for October 2016.
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• Sales:   2,589 in October 2016 vs 2,717 last October:  4.7%

• Pending Sales:   2,842 in October 2016 vs 2,996 last October:  -5.2%

• New Listings:   2.929 in October 2016 vs 3,063 last October:  -4.4%

• Average Sales Price:   $393,900 in October 2016 vs $353,400 last October:  11.5%

• Total Market Time: 41 days in October 2016 vs 46 days last October:  -12.5%

• Inventory in Months: 2.0 months in October 2016 vs x.x months last October

Inventory by Area:

• NW Washington County   1.72 months
• Beaverton/Aloha               1.33 months
• Hillsboro/Forest Grove     1.63 month

Photo courtesy of A Beautiful Dominion Photography