April 17, 2018

Total Market Overview Report for 16 April 2018

Check out what's really going on in the real estate market in your area. Please let us know if you’d like a customized report for your home.

 

Portland Real Estate
Total Market Overview
16 April, 2018

North Portland

Greater Portland

Northeast Portland

Southeast Portland

Gresham/Troutdale

Milwaukie/Clackamas

Oregon City/Canby

Lake Oswego/West Linn

West Portland

NW Portland

Beaverton

Tigard

Hillsboro/Forest Grove

Yamhill

April 15, 2018

March Market Snapshot

New listings in the Portland metro area saw a slight gain compared to last year this March. At 3,648 for the month, new listings edged 1.2% over the 3,604 new listings offered last year in March 2017 and were 44.2% warmer than last month in February 2018 (2,530). This was the best March for new listings in the area since 2010, when 4,987 new listings were offered.

Closed sales (2,371) were 4.9% cooler than the 2,494 closings recorded in March 2017 but ended 31.3% warmer than the 1,806 closings recorded last month in February 2018.

Pending sales fared similarly, cooling 4.9% from March 2017 (3,043) despite a 23.8% increase over the 2,337 offers accepted last month in February 2018.

Inventory in the Portland metro area decreased slightly to 1.6 months in March, with total market time decreasing to 55 days. There were 3,844 active residential listings in the metro area in March.

Comparing the average price of homes sold in the twelve months ending March 31st of this year ($435,000) with the average price of homes in the twelve months ending March 2017 ($404,200) shows an increase of 7.6%. In the same comparison, the median has increased 8.8% from $353,800 to $385,000.

Portland Metro Residential Highlights

~~via RMLS Market Action

April 10, 2018

Total Market Overview Report for 9 April 2018

Check out what's really going on in the real estate market in your area. Please let us know if you’d like a customized report for your home.

 

Portland Real Estate
Total Market Overview
9 April, 2018

North Portland

Greater Portland

Northeast Portland

Southeast Portland

Gresham/Troutdale

Milwaukie/Clackamas

Oregon City/Canby

Lake Oswego/West Linn

West Portland

NW Portland

Beaverton

Tigard

Hillsboro/Forest Grove

Yamhill

April 3, 2018

Total Market Overview Report for 2 April 2018

Check out what's really going on in the real estate market in your area. Please let us know if you’d like a customized report for your home.

 

Portland Real Estate
Total Market Overview
2 April, 2018

North Portland

Greater Portland

Northeast Portland

Southeast Portland

Gresham/Troutdale

Milwaukie/Clackamas

Oregon City/Canby

Lake Oswego/West Linn

West Portland

NW Portland

Beaverton

Tigard

Hillsboro/Forest Grove

Yamhill

March 26, 2018

Total Market Overview Report for 26 March 2018

Check out what's really going on in the real estate market in your area. Please let us know if you’d like a customized report for your home.

 

Portland Real Estate
Total Market Overview
26 March, 2018

North Portland

Greater Portland

Northeast Portland

Southeast Portland

Gresham/Troutdale

Milwaukie/Clackamas

Oregon City/Canby

Lake Oswego/West Linn

West Portland

NW Portland

Beaverton

Tigard

Hillsboro/Forest Grove

Yamhill

March 20, 2018

Total Market Overview Report for 19 March 2018

Check out what's really going on in the real estate market in your area. Please let us know if you’d like a customized report for your home.

 

Portland Real Estate
Total Market Overview
19 March, 2018

North Portland

Greater Portland

Northeast Portland

Southeast Portl and

Gresham/Troutdale

Milwaukie/Clackamas

Oregon City/Canby

Lake Oswego/West Linn

West Portland

NW Portland

Beaverton

Tigard

Hillsboro/Forest Grove

Yamhill

March 15, 2018

February Market Snapshot

Closings had a strong month this February in the Portland metro area. There were 1,806 closed sales, a 8.2% increase over February 2017 (1,669) and a 10.9% increase over January 2018 (1,628). New listings (2,530) saw gains in February as well, outpacing February 2017 (2,521) by 0.4% and January 2018 (2,486) by 1.8%. Pending sales, at 2,337, fell 1.4% short of the 2,369 offers accepted last year in February 2017 but inched 1.1% ahead of the 2,311 offers accepted last month in January 2018. Total market time increased by nine days in February, ending at 69 days. Inventory decreased slightly to 1.9 months in the same month. There were 3,441 active residential listings in the Portland metro area this February.

Comparing the average price of homes sold in the twelve months ending February 28th of this year ($432,200) with the average price of homes in the twelve months ending February 2017 ($402,000) shows an increase of 7.5%. In the same comparison, the median has increased 9.4% from $350,000 to $383,000.

Portland Metro Residential Highlights

~~via RMLS Market Action

March 13, 2018

Total Market Overview Report for 12 March 2018

Check out what's really going on in the real estate market in your area. Please let us know if you’d like a customized report for your home.

 

Portland Real Estate
Total Market Overview
12 March, 2018

North Portland

Greater Portland

Northeast Portland

Southeast Portland

Gresham/Troutdale

Milwaukie/Clackamas

Oregon City/Canby

Lake Oswego/West Linn

West Portland

NW Portland

Beaverton

Tigard

Hillsboro/Forest Grove

Yamhill

March 6, 2018

Total Market Overview Report for 5 March 2018

Check out what's really going on in the real estate market in your area. Please let us know if you’d like a customized report for your home.

 

Portland Real Estate
Total Market Overview
5 March, 2018

North Portland

Greater Portland

Northeast Portland

Southeast Portland

Gresham/Troutdale

Milwaukie/Clackamas

Oregon City/Canby

Lake Oswego/West Linn

West Portland

NW Portland

Beaverton

Tigard

Hillsboro/Forest Grove

Yamhill

March 1, 2018

Total Market Overview Report for 26 Feb 2018

Check out what's really going on in the real estate market in your area. Please let us know if you’d like a customized report for your home.

 

Portland Real Estate
Total Market Overview
26 February, 2018

North Portland

Greater Portland

Northeast Portland

Southeast Portland

Gresham/Troutdale

Milwaukie/Clackamas

Oregon City/Canby

Lake Oswego/West Linn

West Portland

NW Portland

Beaverton

Tigard

Hillsboro/Forest Grove

Yamhill