MARKET NEWS & LATEST BLOG POSTS

SW Portland Real Estate Market Update - May 2017
The SW Portland real estate market (which is comprised of the zip codes 97219, 97221, 97225 & 97239) finished April with 118 closed sales, which is between the 112 & 125 closed sales recorded during the prior months of February and March respectively. Of the 118 closed sales in April, 3 were distressed properties (foreclosures/short sales) representing 3% of the closed sales for the month. As of today, distressed properties […] Read More »
The NW Portland real estate market (which is comprised of the zip codes 97210, 97229 & 97231) finished April with 116 closed sales, which is between the 99 & 122 closed sales recorded during the prior months of February and March respectively. Of the 116 closed sales in April, there were 2 distressed properties (foreclosures/short sales) representing 2% of the closed sales for the month. As of the today, distressed […] Read More »
Portland Real Estate Market Update - May 2017
The city of Portland real estate market finished April with 913 closed sales, which is between the 663 & 1,023 closed sales recorded in the prior months of February and March respectively. Of the 913 closed sales in April, 27 were distressed properties (foreclosures/short sales) representing 3% of the closed sales for the month. As of today, distressed properties accounted for 4% of the active listing inventory. There were 307 […] Read More »
Portland Metro Area Real Estate Market Update - May 2017
Our local multiple listing service (RMLS) released their real estate market statistics for April 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 1.7 months worth. It is up from last month as well as last April 2016 when 1.4 months was recorded. Comparing market activity to a year ago, pending sales were down […] Read More »
Featured Property-2803 SW 1st Ave, Portland, OR 97201 | MLS # 17385833
. Property Overview: Charming home on a corner lot in the heart of the historic Lair Hill/Caruthers Addition neighborhood! One owner home for the last 70 years ready for a new owner to make it sparkle again. Home has many original period details & craftsmanship. High ceilings on main & upper levels. Super close to downtown Portland & quick freeway access. Full height unfinished basement has many possibilities. Newer gas […] Read More »
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