Following are the stats for the month of December (not full year) 2008 vs. 2009 for the average sales price by area for singleMarket Update Graph-bettyjung.wordpress.com family residential, condos, townhouses and attached. We will be getting more year-end and 2009 data from RMLS® probably in their next report due out February 14 or thereabouts.

You might be surprised with the December results. There were several areas where prices increased, due to the first-time home buyer tax credits, foreclosures, etc. in those market areas. Our year-end stats will probably be more pertinent and interesting.

2008 vs. 2009 Average Sales Price % Change By Area

Month of December

 December 2008 December 2009 % of Change
© Betty Jung 2010
N. Portland $267,100 $236,000 -11.6%
NE Portland $290,400 $294,500 +1.4%
SE Portland $263,900 $237,200 -12.2%
Gresham/Troutdale $218,900 $229,000 -4.6%
Milwaukie/Clackamas $272,100 $304,500 +11.9%
Oregon City/Canby $265,300 $254,300 -4.1%
Lake Oswego/West Linn $509,800 $538,600 +5.6%
W. Portland $442,500 $402,300 -10%
NW Washington County $403,900 $358,700 -11.2%
Beaverton/Aloha $258,500 $241,600 -6.5%
Tigard/Wilsonville $325,800 $310,100 -4.8%
Hillsboro/Forest Grove $225,700 $232,600 +3.1%
Source: RMLS™

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