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Portland homes prices up 4.3 percent

Portland home prices showed both month-over-month and year-over-year improvement in February.

According to the Regional Multiple Listings Service, the average sales price of a Portland home was $255,100 last month, up 4.3 percent compared to February 2011 to $255,100. The median sales price was $211,000, down 1.3 percent from a year ago. Read more…

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