For December 2010 Reporting Period

This Month's highlights for Single Family Homes in the Portland Metro Area:

Sales: 1462 in Dec. 2010 vs 1506 Last December: down 2.9%.

Pending Sales: 1210 in Dec. 2010 vs 1141 Last December: up 6.0%.

New Listings: 1925 in Dec. 2010 vs 2104 Last December: down 8.5%.

Average Price: $278,000 in Dec. 2010 vs $293,300 Last December: down 5.2%.

Median Price: $230,000 in Dec. 2010 vs $242,200 Last December: down 5.0%.

Total Market Time: 145 days in Dec. 2010 vs 144 days Last December: up 1%.

Inventory In Months**: 7.9 Months in Dec. 2010 vs 7.1 Months Last December: down 10.13%.

Interesting Facts:

*Total sales volume for 2010 was $5.3 Billion, down from $5.5 Billion.

*Inventory in Decmber is the lowest it has been since June of this year, beating the previous month's claim.

*Closed sales saw an uptick, reaching the highest monthly level since June as well.