Boring OR August 11th 2013 Update

For the week beginning on August 11th, homes on the market in Boring, Oregon averaged the
list price of $410,000. Inventory of properties listed is dropping dramatically. The
price per square foot is steeply rising, starting at an asking price of $151 per
square foot. The market is trending positively for buyers, with it continuing to
strongly increase for the foreseeable future.


Characteristics per quartile
There is a wide range of prices in this area starting at $155,000 and going to
$725,000. The higher priced homes tend to take much more time to sell, but the more
inexpensive homes sell relatively quick.


Inventory of Properties listed for sale
A small number in new listings and greater number in absorbed (sold) homes gives a
lesser variety of homes to choose from.