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August 2018 Portland Real Estate Market Report

July 2018 is a Seller’s market*

Home For Sale in July 2018: 14119 units.
• Up 6.9% compared to last month
• Up 5.3% compared to last year

Home Closed in July 2018: 5191 units.
• Down 10.9% compared to last month
• Down 6.3% compared to last year

Home Placed under Contract in July 2018: 5944 units.
• Up 3.5% compared to last month
• Up 6.7% compared to last year

*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales


Click here to see the full Market Report for August 2018


 

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