Blog Stories APRIL 2018 PORTLAND REAL ESTATE MARKET REPORT

APRIL 2018 PORTLAND REAL ESTATE MARKET REPORT

By Living Room Realty, April 9, 2018

March 2018 is a Seller’s market*

Home For Sale in March 2018: 1510 units.

Up 22.2% compared to last month
Up 45.1% compared to last year

Home Closed in March 2018: 772 units.

Up 15.2% compared to last month
Down 12.5% compared to last year

Home Placed under Contract in March 2018: 982 units.

Up 30.6% compared to last month
Down 3.3% 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


TO SEE THE FULL MARKET REPORT FOR APRIL 2018
CLICK HERE


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