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Bethany Portland Real Estate: 2010 Home Sales & Trends

Real Estate in Bethany Portland: 2010 Results

The hub of Northwest Portland, Bethany home sales for 2010 were a nice round 7% increase over 2009!

  • Each price point had healthy activity–obviously lots of attention from first time home buyers with the tax credit & strong numbers equal to or better than LY in almost every category.
  • Tightening up the brackets to include just those homes sold under $500k resulted in a 20% increase over 2009: 116 LY vs. 140 TY. This is huge!
  • While the over $500k crowd had a bit of a harder time at -25% over 2009 (-12 sales) it is very heartening to see the larger price-points starting to move.B Movements in the jumbo loans last year is helping and I’m betting we’ll see a continued turn in the higher end in 2011.B Slowly, but surely.
  • Using the market analyzer below, listings stayed steady through the year, and solds peaked in June as the first time home buyer tax credit deadline loomed.
  • With the exception of the ‘dip’ in February, closing sold prices wavered between -4 to-6% of the most recent list price.

Check out the rest of Northwest PortlandB Sold Homes Stats for 2010!
Here’s to a great new year in 2011!

B 2010-bethany-stats

2010 Bethany Home Sales

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