Monthly update on the Milwaukie Oregon real estate market for July 2013

The real estate market in Milwaukie finished May with 83 closed sales, which is up from the 63 & 59 closed sales during the prior months of April and March respectively. Of the 83 closed sales in May, 16 were distressed properties (foreclosures/short sales) representing 19% of the closed sales for the month. As of the end of May, distressed properties accounted for 33% of the active listing inventory. There was 1 closed sale of homes valued over $500K during May and a total of only 1 over the three month period of March – May.

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  • July 10 2013 - Milwaukie
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