A dip in the number of pending transactions in the Newberg market over the last 30 days resulted in the lowest amount since April. While 38 homes went under contract, there were 37 completed sales. During the same time frame, Beaverton had the most of any other neighboring municipalities with 162 contracts executed. The median sales price rose to $301,311, up from last week's $294,994. There are only two months of inventory available in Newberg, so it's still definite seller's market, even with the shrinking contracts numbers.
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