Blog Stories August 2019 Portland Real Estate Market Report

August 2019 Portland Real Estate Market Report

By Living Room Realty, August 22, 2019

August 2019 Portland Real Estate Market Report

The market is holding steady from last month: The same relative amount of inventory to demand with the average sold price declining just slightly. Typically August is slower than most of the year as people head to the beach or the forest to enjoy the rest of the summer. Unlike the last few years, my team has seen no decline in activity and are helping people buy and sell. What else is different? We have a massively enhanced ability to negotiate on behalf of our buyers and we LOVE it! ❤️ For years the power was exclusively with the seller but now it is a much more balanced market ⚖️ that is good for both sides. It is still a slight seller’s market but not with a huge imbalance of power.

What does this mean exactly? It means that sellers are getting a great market price ? for their properties but we are getting extensive repair requests ?accepted for our buyers. Everyone is compromising a bit and working hard for a win-win and that is where my team really gets to shine. ✨ Message me with any market questions and let me know how we can help you!

 

 

CLICK HERE FOR THE FULL REPORT

Living Room Realty

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