Monday September 28, 2009

SHERWOOD, OR 97140
Real Time Portland Single Family Homes

EXECUTIVE SUMMARY

This Week
Real-Time Market Profile Trend
Median List Price $ 425,000 ±+
Asking Price Per Square Foot $ 164 ±+
The median list price in SHERWOOD, OR 97140 this week is Average Days on Market (DOM) 147 ±+
$425,000.
Percent of Properties with Price Decrease 43 %
Percent Relisted (reset DOM) 19 %
With inventory and days-on-market basically unchanged and the
Market Action Index decreasing, the market is not sending strong Percent Flip (price increased) 4%
directional signal for the near-term outlook. Median House Size (sq ft) 2485
Median Lot Size 8,001 - 10,000
Median Number of Bedrooms 4.0
Median Number of Bathrooms 2.5

Supply and Demand Market Action Strong Buyer's 13.4 ≠≠

The Market Action Index has been trending lower for several ±+ No change == Strong upward ≠≠ Strong downward
weeks while prices have remained relatively stable. If inventory
continues to grow relative to demand however, it is likely that we
= Slight upward ≠ Slight downward trend
will see downward pressure on pricing.

Price
Market Action Index In the last few weeks we've seen prices in this zip code bouncing
around these current levels. Look for a persistent change in the
Market Action Index before we see prices deviate significantly
from here.

Price Trends

7-Day Rolling Average 90-Day Rolling Buyer/Seller Cutoff

The Market Action Index answers the question "How's the

Market?" By measuring the current rate of sale versus the
amount of the inventory. Index above 30 implies Seller's
Market conditions. Below 30, conditions favor the buyer.

Quartiles
7-Day Rolling Average 90-Day Rolling

Chacteristics per Quartile Investigate the market in quartiles -

where each quartile is 25% of homes
ordered by price.
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
2.5 - 5.0
Top/First $ 1,099,000 4240 acres 4.0 3.5 21 48 0 0 222 Most expensive 25% of properties

0.25 - 0.50
Upper/Second $ 499,900 2952 acre 4.0 2.5 12 49 1 0 131 Upper-middle 25% of properties

4,501 -
Lower/Third $ 365,000 2375 6,500 sqft 4.0 2.5 10 49 1 5 115 Lower-middle 25% of properties

4,501 -
Bottom/Fourt $ 264,500 1733 6,500 sqft 3.0 2.5 13 49 2 3 120 Least expensive 25% of properties

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