Wednesday, December 3, 2008

Downtown Condo Real Estate Report

Downtown condo sales were slower in November than in October. According to the RMLS system, there were 39 units sold in the month of November compared to 48 the previous month. These sales volumes are a continuation of the sluggish trend that began in the fall of 2007.

Sale prices in November ranged from $121,900 for a 320 sqft studio in NW Portland, to $1,025,000 for a 2346 sqft unit in South Waterfront at Atwater Place.

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