This is the updated chart for April 2009. Once again these are my numbers, I only have detached homes, condos, and townhomes.
Late afternoon on April, 30th there were 1628 Pending homes. The updated numbers show 1713 Pending listings for April. Almost 200 more than March which doesn’t sound like a lot but that is 20% of the sales January.
Since sales always lag behind it will be a few months before we see how many of these deals hold together. I will be working on a chart to track failed deals but I don’t know how useful that will be.
And we are still under January 2001 levels which is not a great place to be.
Portland Real Estate Pending Activity For April 2009
