Blog Stories November 2018 Portland Real Estate Market Report

November 2018 Portland Real Estate Market Report

By Living Room Realty, November 9, 2018

October 2018 is a Neutral market*

Home For Sale in October 2018: 2625 units.
• Down 6.9% compared to last month
• Up 31.6% compared to last year

Home Closed in October 2018: 826 units.
• Up 7.8% compared to last month
• Down 10.5% compared to last year

Home Placed under Contract in October 2018: 959 units.
• Up 19.1% compared to last month
• Up 8.4% 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 COMPLETE MARKET REPORT


 

Living Room Realty

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

You might also enjoy

RACHEL’S NEIGHBORHOOD GUIDE: Foster-Powell Faves

Rachel Schmerge

Want to know what makes this triangle so special? Let me show you around. Tucked between...

Just Sold: Great Cedar Hills Ranch

Yascha Noonberg

13455 SW FAR VISTA ST Beaverton, OR 97005 Welcome to 13455 SW Far Vista St in the heart...

Just Listed! Spacious, Flexible Living in the Heart of Cedar Mill

Will Sing

9898 NW Nottage Dr. Portland, Oregon, 97229 This 3,159 square foot home offers the kind of...

Just Listed! Prettiest Pink House in Sellwood

Mel Marzahl

1825 SE Clatsop St. Portland, Oregon, 97202 Mornings begin slowly here, with sunlight streaming through brand-new...