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Grant Park–April 2010 Market Results

B Charming and cozied right in, Grant Park had 5 successful closings last month out of 33 active listings. Selling through 15.2% continues to be right smack dab in the middle of a strong buyers market even with Portland Metro’s home inventory down toB 7.5 months–Grant Park is right there with 6.6 months to sell through current inventory if nothing new was added. There’s a strong ‘hockey stick’ upswing at the upper end with 75th percent at $815k, however a large drop to the mean and the lower segment: $484k and $415k. Sellers were smart last month—closings came in just -2% under the most recent list price–the best performance in the 9 NE neighborhoods highlighted in my blog! Stats and graphs are below!
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