Blog Stories MAY 2018 PORTLAND REAL ESTATE MARKET REPORT

MAY 2018 PORTLAND REAL ESTATE MARKET REPORT

By Living Room Realty, May 8, 2018

April 2018 is a Seller’s market*

Home For Sale in April 2018: 10263 units.

• Up 11.9% compared to last month
• Up 7.4% compared to last year

Home Closed in April 2018: 4494 units.

• Down 3.5% compared to last month
• Up 3.6% compared to last year

Home Placed under Contract in April 2018: 5747 units.

• Up 7.7% compared to last month
• Up 6.1% 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 MAY 2018
CLICK HERE

 

Living Room Realty

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