Concordia Housing Report for May '10

ConcordiaB is a charming neighborhood nestled into inner NE Portland….with 36 active listings in May and 3 closed transactions, it slipped from it’s stellar 28.2% sell-through rate in April to 8.3% in May. Such is life with smaller numbers, it skews the percentages.B Average sales price was $278k with homes closing at -4% under the most recent list price. 75th percentile & Median prices were the same at $290k. The 25th percentile was at $260k. This area seems to have a 5 month cycle…hopefully June will be on the upswing!

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