Monthly update on the Gresham Oregon real estate market for July 2013The real estate market in Gresham finished May with 81 closed sales, which is up from the 74 & 64 closed sales for the prior months of April and March respectively. Of the 81 closed sales in May, 16 were distressed properties (foreclosures/short sales) representing 20% of the closed sales for the month. As of the end of May, distressed properties accounted for 38% of the active listing inventory. There was 1 closed sale of homes valued over $500K during May and only 2 sales over the three month period of March – May.[promotion deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]July 10 2013 - Gresham00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.