Blog Stories JULY 2018 PORTLAND REAL ESTATE MARKET REPORT

JULY 2018 PORTLAND REAL ESTATE MARKET REPORT

By Living Room Realty, July 16, 2018

June 2018 is a Seller’s market*

Home For Sale in June 2018: 13211 units.

Up 13.9% compared to last month
Up 7.6% compared to last year

Home Closed in June 2018: 5478 units.

Up 0.6% compared to last month
Down 13.1% compared to last year

Home Placed under Contract in June 2018: 6031 units.

Up 3% compared to last month
Up 2.5% 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 JULY 2018 CLICK HERE


 

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