Blog Education October 2018 Portland Real Estate Market Report

October 2018 Portland Real Estate Market Report

By Living Room Realty, October 9, 2018

September 2018 is a Neutral market*

Home For Sale in September 2018: 14910 units.
• Up 0.4% compared to last month
• Up 6.6% compared to last year

Home Closed in September 2018: 4409 units.
• Down 26.6% compared to last month
• Down 17.8% compared to last year

Home Placed under Contract in September 2018: 4909 units.
• Down 8.1% compared to last month
• Up 0.1% 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 FOR THE COMPLETE MARKET REPORT

 

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