Local Home Inventory Jumps—View The Free Report Here

At the current rate of home sales, it will now take 10.8 months before our market 'runs out of houses.'
Expiration of the federal home buyer tax credit is one possible reason for this increase of competing homes on the market. Another reason may be higher than usual unemployment.

Click here or on the above table to view the complete local real estate market report, including specific information about Wilsonville housing activity on page two.

Wilsonville Homes & Real Estate Blog
The Current State of Wilsonville, Oregon Homes & Real Estate
by Roy Widing, Contributing Writer
WilsonvilleHomes.com
July 22, 2010

Portland Metro Area Prices Recovering

According to Realtor.com, home prices throughout the greater Wilsonville region continue to rebound. More specifically, prices are still dropping, but not by as much.

Wilsonville Homes & Real Estate Blog
The Current State of Wilsonville, Oregon Homes & Real Estate
by Roy Widing, Contributing Writer
WilsonvilleHomes.com
June 22, 2010

Housing 'Backlog' Normalizes

It will now take 7 months before our area 'runs out of homes.'  Click the inventory table below to view the entire report, including an analysis of the greater Wilsonville area on page 2.

Wilsonville Homes & Real Estate Blog
The Current State of Wilsonville, Oregon Homes & Real Estate
by Roy Widing, Contributing Writer
WilsonvilleHomes.com
March 12, 2010

Home Inventory Continues Climb

At the current rate of home sales, it will now take 12.9 months before our region 'runs out of homes to sell.' 

Click here or on on the above table to view the complete report.

Regional Home Inventory Spikes

It will now take 12.6 months before our region 'runs out of homes to sell.'

While inventory increases are typical in January, particularly important is the direction our market takes in months ahead. Click here or on the above table to view the complete report, including specific market information on Wilsonville homes and real estate.

Wilsonville Homes & Real Estate Blog
The Current State of Wilsonville, Oregon Homes & Real Estate
by Roy Widing, Contributing Writer
WilsonvilleHomes.com
February 8, 2010

Greater Wilsonville Area Real Estate Market Update

The most recent local market report for our region has been released by Realtor.org.
This survey covers the Portland metro area, including Wilsonville.

The above graph shows a decline in local home prices beginning in the first quarter of 2008.  Click here to view the complete report on our greater Wilsonville real estate market.

Wilsonville Homes & Real Estate Blog
The Current State of Wilsonville, Oregon Homes & Real Estate
by Roy Widing, Contributing Writer
WilsonvilleHomes.com
January 19, 2010

Wilsonville Home Prices Drop

According to the most recent RMLS 'Market Action,' the average sale price for Wilsonville area homes dropped by -10.3% in 2009.  Similar reductions in the average sale price of homes were observed in communities throughout the greater Portland metro region.

The report also included some good news. Compared to December 2008, December 2009 saw an increase in pending sales for the greater Wilsonville area by +37.7%.  View the complete 'Market Action' report by clicking here, or on the image above.

Fred Meyer Digs In!

After many years of planning and uncertainty, construction has finally begun on Wilsonville's new Fred Meyer store.  Located near the corner of Wilsonville Road and Boones Ferry Road, this project is expected to pump millions of dollars into Wilsonville's economy when such a boost is desperately needed.

This also means local residents won't need to drive to Canby or Tualatin to enjoy the convenience of shopping at their closest Fred Meyer store.

Wilsonville Homes & Real Estate Blog
The Current State of Wilsonville, Oregon Homes & Real Estate
by Roy Widing, Contributing Writer
WilsonvilleHomes.com
November 17, 2009

Home Inventory Stabilizes & Why It's Important

Many people rightly wonder why home inventory statistics are seemingly so important. To better understand this phenomenon, try thinking of home inventory numbers as akin to a temperature gauge in reverse for our market. 

If the number is too high, we have an excess of properties for sale.  As a result, home sellers must battle one another for buyers.  If the inventory number is too low, our market is hot...possibly unsustainably so, as witnessed more recently.

The latest figures for our market indicate this region has begun to recover from the extreme housing imbalance from last year.   It will now take 6.5 months before our market 'runs out of homes.'  This is a reduction in housing inventory by nearly two-thirds, compared with January. Thinking about buying or selling?  Contact Certified Realty, sponsors of WilsonvilleHomes.com

Wilsonville Homes & Real Estate Blog
The Current State of Wilsonville, Oregon Homes & Real Estate
by Roy Widing, Contributing Writer
WilsonvilleHomes.com
October 12, 2009

Six Month Drop In Home Inventory Halted

Our six consecutive month reduction in housing inventory stopped in August, as the figure for competing available homes rose by 1/2 month.  It will now take 7.8 months before our market 'runs out of homes.'

 
Click the above image to view the complete report for your neighborhood or town.

What this one month increase in our local housing supply means is difficult to say.  It could merely be a 'breather' period, or the beginning of another series of monthly increases in competing home inventory.

Also visit www.WilsonvilleMeadows.com

View Earlier Wilsonville Homes Blog Entries Here

 

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