Case-Shiller Home Price Index Update for Portland Oregon - January 2018
The widely watched Case-Shiller home price index published monthly by Standard & Poor’s was released today for the month ending November 2017. There is always a two-month lag time for the data in this report. The index for the Portland Oregon metro area was measured to be 222.95 at the end of November, which means that the average price for a home in this area is up 123.0% from the […]Read the rest of this entry »
Portland Metro Area Real Estate Market Trends Update - January 2018
Our local multiple listing service (RMLS) released their real estate market statistics for December covering the Portland metro area. Based on the latest data the market presently continues to be a sellers market overall with inventory at 1.6 months in December which is up slightly from the 1.3 months worth recorded last December 2016. The inventory level has now dropped the last 3 months from last September. Comparing market activity […]Read the rest of this entry »
Portland Metro Area Real Estate Market Trends Update - December 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 presently continues to be a sellers market overall with inventory at 1.9 months in November which is up slightly from the 1.8 months worth recorded last November 2016. The market for lower priced homes (under $350k) remains firm while the market for higher priced […]Read the rest of this entry »
Canby Real Estate Market Trends Update - December 2017
The Canby real estate market finished October with 32 closed sales which down up from the 29 & 27 closed sales recorded during the prior months of August and September respectively. Of the 32 closed sales in October, none were distressed properties (foreclosures/short sales) representing 0% of the closed sales for the month. As of today, distressed properties accounted for 5% of the active listing inventory. There were 5 closed […]Read the rest of this entry »
Newberg Real Estate Market Trends Update - December 2017
The Newberg real estate market finished October with 61 closed sales which is up slightly from the 60 & 57 closed sales in the prior months of August and September respectively. Of the 61 closed sales in October, none were distressed properties (foreclosures/short sales) representing 0% of the closed sales for the month. As of today, distressed properties accounted for 0% of the active listing inventory as well. There were […]Read the rest of this entry »
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