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...
Starting from this month, we have integrated the data for condos and town homes to our report, which has been including data only from detached single family homes. The median home value is calculated from all homes sold including houses, townhouses and condos in Portland. The data also distinguishes median...
Real estate sales statistics are out for the month of September 2017. This is the first report that provides the Portland real estate market insight for the fall season. Last year around this time, market activities slowed down and was overall slow throughout the rainy season. So what is...
So, what has been happening in Portland real estate market in August 2017? RMLS data suggests that the market trend is very similar to August 2016 in terms of number of listings, sold homes, and the average days on the market. 24 days on the market suggests that the market...
The Portland real estate sales statistics for July 2017 are out! As a quick summary of what’s happening in Portland in July, you will find that the numbers are about the same as July of 2016. Median sales price is $430K, which is same as last month and this is...
Portland’s notoriously hot real estate market is finally slowing down in top tier markets. The level of price appreciation and the competition over the last few years seems to have reached a point of cooling down to buyer’s markets in some inner city neighborhoods and surrounding metro markets including Happy...
Portland housing market report is out for June 2017. To describe the June housing market in a very simple way, it’s hot but not as hot as June 2016 but the rates are going down! Listings in the city limit had the record high number of listings that hit the...
The real estate numbers are out for May 2017! So where are we with the Portland housing market? To summarize, things are still hot. It’s slightly cooler than 2016 in terms of average days on the market and supply vs. demand. Not much though. In 2016, the average days on...
