City of Portland proposed a big change called “Residential Infill Project” to the current zoning laws by allowing more housing units to fit into the existing land including ADUs and triplexes. The proposed change also limits building sizes substantially. The new law also increases the front setback from 10 feet...
April 2018 Portland real estate market report is out. The news from this market report is that the median price for detached single family homes in Portland has finally surpassed the 450K mark at 455K. This is the highest median value for detached single family homes in Portland. The combined...
I am sure I can speak for many major metro areas throughout the United States, but I can definitely speak for the market where I work as a real estate agent in Portland, OR, that our housing market is still a hot seller’s market as of 2018. It’s not 2016...
Portland housing market has grown tremendously in the last few years. After a surging demand and lack of supplies in our local housing market, our median price for detached single family homes is at $440,000. However, the median annual household income in the Portland metro area is around $75,000. With...
Housing market report is out for 2018 March real estate sales in Portland. The Portland real estate market in March was hot again! Median sold home price is now $425,000 as of March 2018. That number includes all types of inventories including detached single family homes, townhouses, and condos. The...
Portland February 2018 real estate market was surprisingly hot! We had an increase in $15,000 in median sold price since January 2018. Although average days on the market increased from 45 to 50 days since January, the median days on the market had decreased from 27 days to 23 days. ...
Portland real estate report for January 2018 is out! From what I see, January has been a real slow month for real estate. Normally January picks up a little bit after December but not 2018. We had 92 more listings in the month of January than December and the...
Happy New Year to all the readers of PDXListed.com. Wrapping up the end of 2017, I am thankful for all my clients and the opportunity to live and sell real estate in Portland. The numbers are out for December 2017. December market for real estate is very very slow...
Despite the housing market slowdown, home prices are still strong. Normally, the median home prices drop quite a bit in the winter but November has not dropped much. The median sold home prices for November 2017 is $401,500, which is a 4.8% increase from $382,500 in November 2016. However, when...
Portland real estate market has been very hot in the last few years. It is now slowing down. 2017 has been a mix bag in terms of hot vs cold in the Portland housing market. Still, we have experienced between 5-7% increase in the last twelve months. In 2018, the...
