Western Technical College also filed a license application, for the 205-kW Angelo Dam project, to be built on Wisconsin's LaCrosse River at a dam owned by Monroe County, Wis. The commission also received an application from Carbon Zero LLC for a 5-MW
Consecutive month as distressed property sales accounted for nearly one-third of all transactions, a real estate information service reported.
A total of 2,296 new and resale houses and condos closed escrow during September in the five-county Portland-Vancouver-Beaverton metro area . Sales fell 9.7 percent from August but rose 10.2 percent from September 2010, according to San Diego-based DataQuick. The firm tracks real estate trends nationally via public property records.
A drop in sales between August and September is normal for the season, partly because many families try to close escrow and move before school starts in late summer. On average, sales have fallen 9.9 percent between August and September since 1994, when DataQuick’s complete Portland-area statistics begin.
September’s 10.2 percent gain in sales from a year earlier follows a 27.7 percent annual increase in August and a 25.1 percent year-over-year sales increase in July, which came after 12 consecutive months of annual sales declines.
The September sales total was still the second-lowest for that month since 1994, behind 2,084 home sales in September last year. September 2011 sales fell 36.8 percent below the average sales tally of 3,634 for that month. Both resale activity and new-home sales were the second-lowest in DataQuick’s records for a September.
The median price paid for all new and resale houses and condos that closed escrow in the Portland region during September was $220,000, up less than one-tenth of one percent from August and down 6.1 percent from a year earlier. So far this year the region’s median sale price has ranged from a low of $207,000 in March to a high of $220,000 in September (the median was $219,900 in both July and August).
September’s median was 23.9 percent lower than the peak $289,000 median in October 2007.