The latest news in Portland residential real estate is a continuation of what we have been seeing for months now. Inventory is super low at just 0.8 months. Interest rates remain low and attractive to Buyers. Attempting to navigate this market without an agent to represent your best interests is decidedly not in your best […]
Portland Residental Real Estate: February 2021
By Danni Duggan Wow. Our market took off in April 2020, and it has not slowed down for a yellow light, potty break, or gas since. We may be riding on bald tires or even flats at this point, but that’s not stopping the market. Inventory remains low with approximately one month of inventory. For […]
May 2020: Portland Real Estate by the Numbers
Portland’s Market & the C19 Event Wow. What a wild handful of months it has been, Portland. Our Spring Market never completely actualized in terms of planned listings hitting the market. But to say that the Spring selling season has not been in full swing is also not accurate. Buyers have benefited from fantastic low […]
October 2017 Market Trends
October 2017 real estate activity numbers are in for the Portland Metro Area. Inventory has been creeping up the past few months. We currently sit at 2.1 months. This marks the fourth month in a row where inventory sat at or over 2.0 months. Basically, if not one single additional property went on the market, […]
July 2017 Market Activity, an Infographic
Here is the July 2017 market data for the Portland Metro Area. If you have any questions about your specific area, we would love to hear from you. Have you noticed this cooling off trend in your own neighborhood? Save Save
Portland Real Estate by the Numbers: May 2017
Rise and shine, Portland. When the sun comes out, and flowers bloom, it must be real estate season. May actually saw the largest number of new listings (4,388) hit the market since 2008. Despite the push in new listings, inventory remains low at 1.5 months. As a reminder, a well-balanced market contains about six months […]
Portland Real Estate By the Numbers: September 2016
Do you feel that minor chill in the air? Things are cooling off. No need for a parka just yet, but maybe grab a cardigan. Anecdotally, my inbox was different this past month. I received many more price reduction flyers from colleagues throughout the metro area. The September 2016 real estate activity numbers are in […]
Portland Real Estate By The Numbers: July 2016
July 2016 real estate activity numbers are in for the Portland Metro Area. Inventory has crept up to a whopping 1.9 months in July. As you likely know, this means that if not a single additional property went on the market, it would take 1.9 months to deplete the current inventory. As a reminder, a […]
Portland Real Estate By the Numbers: April 2016
April 2016 real estate activity numbers are in for the Portland Metro Area. Inventory was just 1.4 months in April. Basically, if not a single additional property went on the market, it would take a mere 1.4 months to deplete the current inventory. As a reminder, a well-balanced market contains about six months of inventory. […]
Portland Real Estate by the Numbers: March 2016
March 2016 real estate activity numbers are in for the Portland Metro Area. What is going on, Portland? Inventory dropped to just 1.3 months. Basically, if not a single additional property went on the market, it would take a mere 1.3 months to deplete the current inventory. As a reminder, a well-balanced market contains about […]