By Living Room Realty, September 11, 2018
August 2018 is a Seller’s market*
Home For Sale in August 2018: 2651 units.
• Up 4.1% compared to last month
• Up 26.5% compared to last year
Home Closed in August 2018: 933 units.
• Down 4.6% compared to last month
• Down 14.9% compared to last year
Home Placed under Contract in August 2018: 925 units.
• Down 6.6% compared to last month
• Down 4% 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 Portland Market Report for September 2018 click here!
