Homes Appreciating Throughout Most of Portland

This graphic shows median sales prices, average times on market, and appreciation/depreciation by area (Tigard, North Portland, Lake Oswego, Milwaukie, etc.). For most of 2012 we have seen little if any appreciation, however, this graphic is showing us that most areas are now seeing appreciation and some high numbers at that! Also, Days on Market is showing a drastic reduction in time it takes to sell. The October report will be out next week and it will be very interesting to see what the numbers do then!
*Data courtesy of the Regional Multiple Listing Service.

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