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Here's a sneak peek at the Portland metro area home sales figures for August 2010. These are not to be construed as final data as RMLS typically waits about ten days after the end of each month for all sales to be reported. However, these are interesting if you simply want to gage whether or not there will be a significant change in the month-to-month trend line.
As of 7:55 AM on September 2, 2010 there were 1,283 closed sales reported via RMLS in the Portland Metro Area. I suspect we'll see another 200 to 400 reported by the time RMLS publishes their official stats in their monthly Market Action Report.
Last month we saw July 2010 closed sales declined 29 percent on a year-over-year basis (1,412 in July 2010 compared to 2,012 in July 2009). It looks as if we'll hover right around those same levels for August 2010. You can read the entire report on my blog: [link removed by moderator]
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