The Beaverton real estate market finished July with 196 closed sales, which is down from the 250 & 203 closed sales recorded during the prior months of June and May respectively. Of the 196 closed sales in July, 53 were distressed properties (foreclosures/short sales) representing 27% of the closed sales for the month. As of the end of July, distressed properties accounted for 46% of the active listing inventory. There were 4 closed sales of homes valued at $500K or more during July and a total of 14 over the three month period of May – July.
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