MARKET NEWS & LATEST BLOG POSTS

NW Portland Real Estate Market Update - January 2017
The NW Portland real estate market (which is comprised of the zip codes 97210, 97229 & 97231) finished December with 127 closed sales, which is down from the 145 & 132 closed sales recorded during the prior months of October and November respectively. Of the 127 closed sales in December, only 3 were distressed properties (foreclosures/short sales) representing just 2% of the closed sales for the month. As of the […] Read More »
Portland Real Estate Market Update - January 2017
The city of Portland real estate market finished December with 992 closed sales, which is up from the 987 & 963 closed sales recorded in the prior months of October and November respectively. Of the 992 closed sales in December, 32 were distressed properties (foreclosures/short sales) representing 3% of the closed sales for the month. As of the end of December, distressed properties accounted for 8% of the active listing […] Read More »
Portland Metro Area Real Estate Market Update - January 2017
Our local multiple listing service (RMLS) released their real estate market statistics for November covering the Portland metro area. Based on the latest data the market continues to be a sellers market. Inventory remains in short supply with only 1.3 months worth. It is down from last month but up just slightly from last December 2015 when 1.2 months was recorded. Comparing market activity to a year ago, pending sales […] Read More »
Canby Real Estate Market Update - January 2017
The Canby real estate market finished November with 34 closed sales which is between the 32 & 39 closed sales recorded during the prior months of September and October respectively. Of the 34 closed sales in November, 1 was a distressed property (foreclosures/short sales) representing just 3% of the closed sales for the month. As of the end of November, distressed properties accounted for 5% of the active listing inventory. […] Read More »
Newberg Real Estate Market Update - January 2017
The Newberg real estate market finished November with 42 closed sales which is down from 50 & 49 closed sales in the prior months of September and October respectively. Of the 42 closed sales in November, 1 was a distressed property (foreclosures/short sales) representing 2% of the closed sales for the month. As of the end of November, distressed properties accounted for only 6% of the active listing inventory. There […] Read More »
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