Blog Stories June 2018 Portland Real Estate Market Report

June 2018 Portland Real Estate Market Report

By Living Room Realty, June 11, 2018

May 2018 is a Seller’s market*

Home For Sale in May 2018: 11596 units.

Up 13% compared to last month
Up 7.3% compared to last year

Home Closed in May 2018: 5091 units.

Up 6.7% compared to last month
Down 8.7% compared to last year

Home Placed under Contract in May 2018: 6205 units.

Up 12.8% compared to last month
Up 0.8% 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 JUNE 2018 CLICK HERE


 

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