Beaverton

Beaverton Housing Numbers For June 2008

July 15th, 2008 • Mike Rohrig • 1 comment • Related • Filed Under

The June 2008 Market Action came out and the Beaverton numbers fall in line with most neighborhoods.  I am not too big on some of the statistics because I feel they can be manipulated by a few sales.  Case in point, the difference between the average price and median price is $251,600 and $279,700 respectively.

Below is the current Month and YTD (Year-to-Date) activity for homes Beaverton and Aloha

  • Active Listings - 1487
  • New Listings - 441     YTD - 2887
  • Expired/CAN - 297
  • Pending  -  183    YTD - 1,018
  • Sold - 167    YTD - 930
  • Average Price  $282,500     YTD - $279,700    Up 1.3%
  • Pending Sales are down ?30.4% June ‘07 to June ‘08 and down ?37.9% YTD

The numbers are fine but there isn’t much of a conclusion that you can draw from them.  With IndyMac Bank going down, oil prices uncertain, consumer confidence down and positive opinions on Congress and the President in the single digits there are too many factors to really project what will happen.

There are some that say we will be out of this by the end of the year where others say 2-3 years after a shedding 10%+ in sales prices .  Everyone is guessing.  Real estate is local and by that I mean neighborhood since we are all talking Portland.

We can only plug along helping our clients as best we can but be careful making promises of the future as that will most likely backfire.  I hope and expect that most buyers are looking four years or more when they make their purchase.

Photo via http://www.flickr.com/photos/jaycoxfilm/

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Welcome Mike Rohrig, Beaverton Real Estate Specialist

July 9th, 2008 • Administrator • 1 comment • Related • Filed Under

We would like to welcome our newest contributor, Mike Rohrig! 

Mike started in real estate as an assistant in December 2000 just a few months after receiving his Bachelor’s Degree in Psychology from Portland State University.  After almost a year as an assistant and watching all of their mistakes he thought he knew it all and became a real estate broker.  Quickly he learned that every transaction is different and was surprised his psychology degree came in to play quite often. 

He has had a desk at two of the larger companies before settling at Rio Realty in Beaverton in 2005 and then becoming Principal Broker in December of that year.  He has seen some crazy, frustrating, surprising and fun stuff since he started and hopes it stays interesting…in this current market I guess it will.

Mike will be covering real estate news in the greater Beaverton area, plus anything that might be interesting to professionals and consumers in the Portland real estate market.

Connect with Mike via the following sites:

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