Local Portland Real Estate Market March 16, 2015

Price & Time Since the Peak

 

Below you will see a very interesting chart that shows the % of value reduction from 2007 to today by the individual states. Oregon appears to still be down 8.7% from 2007. Considering we were one of the last states to see a drop in values, we most likely will have to see another year or two to have full recovery. As a comparison, Nevada and Arizona are still down as much as 35%