MARKET NEWS & LATEST BLOG POSTS

NW Portland Real Estate Market Update - April 2017
The NW Portland real estate market (which is comprised of the zip codes 97210, 97229 & 97231) finished March with 119 closed sales, which is up from the 94 & 98 closed sales recorded during the prior months of January and February respectively. Of the 119 closed sales in March, there were no distressed properties (foreclosures/short sales) representing 0% of the closed sales for the month. As of the end […] Read More »
Portland Real Estate Market Update - April 2017
The city of Portland real estate market finished March with 994 closed sales, which is up sharply from the 762 & 659 closed sales recorded in the prior months of January and February respectively. Of the 994 closed sales in March, 25 were distressed properties (foreclosures/short sales) representing 3% of the closed sales for the month. As of the end of March, distressed properties accounted for 5% of the active […] Read More »
Portland Metro Area Real Estate Market Update - April 2017
Our local multiple listing service (RMLS) released their real estate market statistics for March covering the Portland metro area. Based on the latest data the market continues to be a strong sellers market. Inventory remains in short supply with only 1.3 months worth. It is down from last month but even with last March 2016 when 1.3 months was recorded as well. Comparing market activity to a year ago, pending […] Read More »
Canby Real Estate Market Update - April 2017
The Canby real estate market finished February with 18 closed sales which is down from the 27 & 24 closed sales recorded during the prior months of December and January respectively. Of the 18 closed sales in February, 3 were distressed properties (foreclosures/short sales) representing 17% of the closed sales for the month. As of the end of February, distressed properties accounted for 12% of the active listing inventory. There […] Read More »
Newberg Real Estate Market Update - April 2017
The Newberg real estate market finished February with 40 closed sales which is between the 52 & 33 closed sales in the prior months of December and January respectively. Of the 40 closed sales in February, only 1 was a distressed property (foreclosures/short sales) representing 3% of the closed sales for the month. As of the end of February, distressed properties accounted for 6% of the active listing inventory. There […] Read More »
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