MARKET NEWS & LATEST BLOG POSTS

The SE Portland real estate market finished April with 234 closed sales, which is between the 243 & 190 closed sales recorded in the prior months of March and February respectively. Of the 234 closed sales in April, 18 were distressed properties (foreclosures/short sales) representing 8% of the closed sales for the month. As of the end of April, distressed properties accounted for 37% of the active listing inventory. There... Read More »

The NE Portland real estate market finished April with 229 closed sales, which is up from the 207 & 152 closed sales recorded during the prior months of March and February respectively. Of the 229 closed sales in April, 22 were distressed properties (foreclosures/short sales) representing 10% of the closed sales for the month. As of the end of April, distressed properties accounted for 26% of the active listing inventory.... Read More »

The North Portland real estate market (which is comprised of the zip codes 97203, 97217 & 97227) finished April with 105 closed sales, which is up from the 92 & 68 closed sales recorded during the prior months of March and February respectively. Of the 105 closed sales in April, 12 were distressed properties (foreclosures/short sales) representing 11% of the closed sales for the month. As of the end of... Read More »

The downtown Portland real estate market (which is comprised of the zip codes 97201, 97204, 97205 & 97209) finished April with 52 closed sales, which is between the 58 & 36 closed sales recorded during the prior months of March and February respectively. Of the 52 closed sales in April, only 3 were distressed properties (foreclosures/short sales) representing just 6% of the closed sales for the month. As of the... Read More »

The SW Portland real estate market (which is comprised of the zip codes 97219, 97221, 97225 & 97239) finished April with 141 closed sales, which is up from the 129 & 84 closed sales recorded during the prior months of March and February respectively. Of the 141 closed sales in April, 7 were distressed properties (foreclosures/short sales) representing only 5% of the closed sales for the month. As of the... Read More »