MARKET NEWS & LATEST BLOG POSTS

Downtown Portland Real Estate Market Update - April 2017
The downtown Portland real estate market (which is comprised of the zip codes 97201, 97204, 97205 & 97209) finished March with 138 closed sales, which is up sharply the 45 & 35 closed sales recorded during the prior months of January and February respectively. Of the 138 closed sales in March, there were 2 distressed properties (foreclosures/short sales) sold for the month. As of the end of March, distressed properties […] Read More »
SW Portland Real Estate Market Update - April 2017
The SW Portland real estate market (which is comprised of the zip codes 97219, 97221, 97225 & 97239) finished March with 121 closed sales, which is between the 129 & 110 closed sales recorded during the prior months of January and February respectively. Of the 121 closed sales in March, 2 were distressed properties (foreclosures/short sales) representing 2% of the closed sales for the month. As of the end of […] Read More »
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 »
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