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


 

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,”...