Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Oregon > Portland
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 04-17-2009, 12:55 PM
 
4 posts, read 9,299 times
Reputation: 10

Advertisements

My house is Mt. Tabor Portland, OR has been on the market 2 weeks it has had about 10 showings, an open house, and realtors open (with 20 or so attending all saying it was priced right). My first priority is to sell quickly, my second is to get the best price. My house is at the top end of the price range for the area $600K but I priced it $50K lower then a similar home currently on the market. I am thinking about lowering my price between $10K and $25K to spur some action on it. What do you think. My realtor is conserned that it is too soon with easter and everything last weekend, but I think more competition is comming so I want to sell now.
Reply With Quote Quick reply to this message

 
Old 04-17-2009, 01:37 PM
 
Location: Greater PDX
1,018 posts, read 4,108,675 times
Reputation: 954
If your top priority is to sell quickly, you're gonna have to drop it more than 1 or 2%, especially if you are in the "top end of the price range." I read this weekend that the average on-market time for houses is around 150 days in the Portland area (Multnomah county, maybe?). That's five months. And the median sales price is now ~$250K. There ain't a lot of people looking to buy $600K homes right now.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Oregon > Portland
Similar Threads
View detailed profiles of:

All times are GMT -6. The time now is 10:18 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top