September Home Sales Top Those From The Same Month Last Year

Dated: October 16 2014

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The Rose City's real estate market continues to show some rebounding, with September numbers coming in much stronger this year than they did last year.

According to the latest market action report from the Regional Multiple Listing Service, September wasn't as hot as August in terms of residential sales, but it was in better shape than September 2013. At 2,551, pending sales were up 15 percent over the same month last year, and closed sales, at 2,378, were 10 percent higher than last September. New listings were also up about 6 percent versus last year.

Current inventory rose to about 3 months, and according to RMLS the average price for the first nine months of 2014 was up nearly 7.5 percent from last year to $333,000. Median price was up by the same percentage to $285,000.
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Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

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