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* Du to possbl rportg cosstcs, Avrag Markt Tm should b usd to aalyz trds oly.
A Publication o RMLS 
™ 
, The Source or Real Estate Statistics in Your Community 
Residential Market Highlights
 © Copyrght RMLS™ 2008. All Rghts Rsrvd.
TABLE OF CONTENTS
 
Portland Metro Area ............................1-3Portland Metro/SW Washington.........4-5SW Washington ...................................6-7Lane County, OR .................................8-9Douglas County, OR .......................10-11Coos County, OR ...................................12Curry County, OR .................................13 Mid-Columbia ..................................14-15Columbia Basin ................................16-17Union & Baker County, OR ............18-19
ReSiDenTiAL ReVieW:
Mtro Portlad, Orgo Dcmbr 2007
Rportg Prod
December Residential Highlights
The year 2007 ended with acontinued decrease in the number otransactions, but sales prices carriedon with a slow, but steady rise.The number o closed sales wasdown 29.4% and pending sales alsodeclined 32.5% when comparingDecember 2007 with December 2006.New listings also dropped or thethird straight month, down 3.1%. Atthe month’s rate o sales, the 12,786active residential listings would lastapproximately 8.5 months.Month-over-month, the averagesale price increased 8.3% whencomparing the month o December2007 with that o December 2006 andmedian sale price increased 1.1%.
2007 Summary
Comparing market activity in2007 with that o 2006, the Portlandmetro area saw an 8.1% increase innew listings. However, pending sales
Avragnw Pdg Closd AvragMda MarktLstgs Sals Sals Sal Prc Sal Prc Tm*
Dcmbr 2,276 1,231 1,496 352,000 276,500 73Yar-to-Dat 59,811 27,664 28,173 342,900 290,000 58
Metro Portland,Oregon
Dcmbr 2,349 1,825 2,120 324,900 273,500 55Yar-to-Dat 55,322 32,830 32,403 322,600 270,500 43
        2        0        0        6        2        0        0       7
(Active Listings / Closed Sales)
Inventory in Months
 
2005 2006 2007January 3.4 3.2 6.2February 3.0 2.7 5.2March 1.8 2.0 3.8April 1.8 2.4 4.4May 1.6 2.3 4.5June 1.5 2.6 5.0July 1.7 3.5 5.7August 1.6 3.6 6.2September 1.9 4.5 8.6October 2.2 4.6 8.4November 2.2 5.1 8.3December 2.1 4.5 8.5
decreased 15.7% and closed salesdropped 13.1%.Portland had its third highest totalsales volume in residential real estate,at $9.7 billion, a 6.7% decrease romthe $10.4 billion in 2006. The averagesale price increased 6.3% ($342,900v. $322,600) and the median saleprice appreciated 7.2% ($290,000 v.$270,500).
Fourth Quarter Summary
Comparing the ourth quarter o2007 with that o 2006, new listingsdeclined 43.7% (5,924 v. 10,525).Closed sales and pending sales alsodropped 24.5% (5,298 v. 7,021) and26.9% (4,766 v. 6,522), respectively.
2007 Condo Appreciation Rates
 
Average Change romSale Price Prior Year
2007 272,900 13%2006 241,800 14%2005 212,000 14%2004 186,600 12%
 
AREA REPORT • 12/2007
Metro Portland & Adjacent Regions, Oregon
Market Action
2
 © Copyrght RMLS
™
2008. All Rghts Rsrvd.
North Portland Gresham/ Troutdale West Portland Beaverton/Aloha Columbia County Yamhill County Milwaukie/ Clackamas Oregon City/ Canby Lake Oswego/West Linn Northwest Washington County Tigard/Wilsonville Hillsboro/ Forest Grove Mt. Hood: Govt.Camp/Wemme 
    1    4    1    1    4    2    1    4    3    1    4    4    1    4    5    1    4    6    1    4    7    1    4    8    1    4    9    1    5    0    1    5    1    1    5    2    1    5    3    1    5    5    1    5    6
263,800 316,900 276,600 293,000 306,800 298,500 667,000 525,200 427,200 249,700 372,200 291,800 218,900 229,200 284,100 55 128 162 83 78 66 71160 49 114 87 72 14 38 54 49 98 186 57 22 20 12 39 15 5120 42 11128 380,300 364,400 503,700 389,500 353,800 385,500 452,300 678,300 402,300 514,700 480,300 331,100 530,000 276,600 256,400 176,900 245,400 221,900 218,200 219,600 223,100 446,300 324,800 283,800 384,900 871,900 274,300 192,700 169,800 248,500 397,600 519,000 500,600 646,700 505,700 244,000 335,800 565,000 300,000 297,700 493,100 274,300 N/A 334,200 310,000 8.4% 6.4% 7.1% 6.3% -5.4% 1.2% 7.8% 3.6% 5.4% 3.4% 5.3% 5.5% 2.0% 11.6% 6.1% 64 153 212 96 100 5184 216 58 150 115 98 6 4152 38 58 1119194 96 53 76 53 48 55 57 18 82 112 487 893 1,332 977 1,083 797 762 1,423 5311,149 1,089 873 92 437 861253,500 283,000 250,000 259,900 300,000 303,000 465,000 379,700 385,000 260,000 339,900 270,000 254,900 240,000 247,500 16 45 55 19 15 12 4 25 117 18 26 0 13 26 1,293 2,862 3,769 1,788 1,885 1,314 1,420 3,058 1,234 2,745 2,234 1,846 142 830 1,244 -21.7% -10.1% -15.4% -15.9% -15.0% -12.0% -11.3% -18.2% -4.1% -19.8% -17.4% -17.4% -34.0% -11.9% -20.2% 1,330 2,917 3,7911,774 1,866 1,300 1,434 3,479 1,236 2,714 2,186 1,924 140 825 1,257 266,600 321,600 285,500 281,900 334,200 329,600 567,900 468,100 419,400 286,500 374,700 297,900 283,600 254,000 281,600 -41.5% -36.6% -34.1% -29.1% -26.4% -14.3% -5.3% -19.2% -31.0% -43.0% -40.0% -47.8% 75.0% -19.1% -46.5% 55 60 62 89 79 79 66 80 75 56 84 68 42 105 138 2,495 5,528 7,609 4,272 4,827 3,008 3,370 6,440 2,587 6,0315,060 3,980 316 1,623 2,665 150 286 446 283 324 140 201486 159 406 250 246 2192 132 
RESIDENTIAL Current MonthYear-To-DateYear-To-DateYear-To-DateYear-To-Date COMMERCIAL MULTIFAMILY LAND Northeast Portland Southeast Portland 
    1    7    0 ,    1    7    2 ,    2    1    0
    1    8    0  -    2    0    0
Marion/ Polk Counties North Coastal Counties 
222,100 328,000 57 36 36 19 270,900 461,400 130,700 177,800 572,700 296,000 6.9% 14.4% 53 48 109 199 968 1,008 134 116 226,400 310,000 15 18 1,265 785 -6.0% 4.9% 1,277 759 250,800 381,600 -29.6% 44.0% 77 106 244 308 3,093 2,583 147 193 304 158 171115 100 232 98 220 162 144 17 72 143 
    A   c   t    i   v   e    L    i   s   t    i   n   g   s    N   e   w    L    i   s   t    i   n   g   s
    4
    P   e   n    d    i   n   g    S   a    l   e   s    C    l   o   s   e    d    S   a    l   e   s    E   x   p    i   r   e    d    /    C   a   n   c   e    l   e    d    L    i   s   t    i   n   g   s    P   e   n    d    i   n   g    S   a    l   e   s    2    0    0    7   v .    2    0    0    6
    2
    A   v   e   r   a   g   e    S   a    l   e    P   r    i   c   e    A   v   e   r   a   g   e    M   a   r    k   e   t    T    i   m   e
    1
    N   e   w    L    i   s   t    i   n   g   s    P   e   n    d    i   n   g    S   a    l   e   s    P   e   n    d    i   n   g    S   a    l   e   s    2    0    0    7   v .    2    0    0    6
    2
    C    l   o   s   e    d    S   a    l   e   s    A   v   e   r   a   g   e    S   a    l   e    P   r    i   c   e    M   e    d    i   a   n    S   a    l   e    P   r    i   c   e
    A   p   p   r   e   c    i   a   t    i   o   n
    3
    C    l   o   s   e    d    S   a    l   e   s    A   v   e   r   a   g   e    S   a    l   e    P   r    i   c   e    C    l   o   s   e    d    S   a    l   e   s    A   v   e   r   a   g   e    S   a    l   e    P   r    i   c   e    A   v   e   r   a   g   e    S   a    l   e    P   r    i   c   e    C    l   o   s   e    d    S   a    l   e   s
1
Du to possbl rportg cosstcs, Avrag Markt Tm should b usd to aalyz trds oly.
2
Prct chag  umbr o pdg sals ths yar compard to last yar. Th Currt Moth scto compars Dcmbr 2007 wth Dcmbr 2006.Th Yar-To-Dat scto compars yar-to-dat statstcs rom Dcmbr 2007 wth yar-to-dat statstcs rom Dcmbr 2006.
3
Apprcato prcts basd o a comparso o avrag prc or th last 12 moths (1/1/07-12/31/07) wth 12 moths bor (1/1/06-12/31/06).
4
As o Octobr 2007, th way that nw Lstg data s gratd has chagd to sur accuracy.
 
500060007000800090001000011000120001300014000150001600017000180001900020000
Previous Year Residential (9,569)Current Year Residential (12,786)Current Year Total (15,525)DECNOVOCTSEPTAUGJULYJUNEMAYAPRMARFEBJAN
3035404550556065707580859095100
Current YearPrevious Year
DECNOVOCTSEPTAUGJULYJUNEMAYAPRMARFEBJAN
AVERAGE SALE PRICEMetro Portland, OregonDAYS ON MARKETMetro Portland, Oregon
This graph represents the average sale price for all homes sold in the Portland, Oregonmetropolitan area.
ACTIVE LISTINGSMetro Portland, OregonPENDING SALESMetro Portland, Oregon
This graph represents monthly accepted offers inthe Portland, Oregon metropolitan area over the past two years.
3
This graph shows average days on market for salesin the Portland, Oregon metropolitan area. (See footnote on page 1.)
 © Copyrght RMLS
™
2008. All Rghts Rsrvd.
This graph shows the active listings offeredthrough RMLS
™
for all property categories this year, with a comparison of the residential activelistings last year.
05001000150020002500300035004000Current YearPrevious YearDECNOVOCTSEPTAUGJULYJUNEMAYAPRMARFEBJAN
260000270000280000290000300000310000320000330000340000350000360000370000Current YearPrevious YearDECNOVOCTSEPTAUGJULYJUNEMAYAPRMARFEBJAN
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