Blog Stories December 2018 Portland Real Estate Market Report

December 2018 Portland Real Estate Market Report

By Living Room Realty, December 10, 2018

November 2018 is a Neutral market*

Home For Sale in November 2018: 2376 units.
• Down 9.5% compared to last month
• Up 42.8% compared to last year

Home Closed in November 2018: 727 units.
• Down 16.4% compared to last month
• Down 15.8% compared to last year

Home Placed under Contract in November 2018: 708 units.
• Down 22.5% compared to last month
• Down 13% 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 full December 2018 Market Report!

Living Room Realty

Read More
  • T: 503-719-5588
  • welcome@livingroomre.com

You might also enjoy

Is It Easier To Find a Home To Buy Now?

Chad Meier

One of the biggest hurdles buyers have faced over the past few years has been a...

Why you should get involved with your HOA

Danielle Deschenes

Homeownership comes with a multitude of responsibilities beyond just paying the mortgage and maintaining your property....

When to terminate?

Rachel Cardman-Brewer

When is terminating a contract the best idea? There is no right answer . Sometimes, it’s...

Dogwood days of Milwaukie

Jessica LeDoux

Milwaukie, OR was founded in 1847 and in 1962 was dubbed “The Dogwood City of the West,”...