Downtown Portland Real Estate Market Update - December 2016
The downtown Portland real estate market (which is comprised of the zip codes 97201, 97204, 97205 & 97209) finished November with 50 closed sales, which is down from the 76 & 71 closed sales recorded during the prior months of September and October respectively. Of the 50 closed sales in November, there were no distressed properties (foreclosures/short sales) sold for the month. As of the end of November, distressed properties […]Read the rest of this entry »
SW Portland Real Estate Market Update - December 2016
The SW Portland real estate market (which is comprised of the zip codes 97219, 97221, 97225 & 97239) finished November with 123 closed sales, which is down from the 160 & 131 closed sales recorded during the prior months of September and October respectively. Of the 123 closed sales in November, 3 were distressed properties (foreclosures/short sales) representing just 2% of the closed sales for the month. As of the […]Read the rest of this entry »
NW Portland Real Estate Market Update - December 2016
The NW Portland real estate market (which is comprised of the zip codes 97210, 97229 & 97231) finished November with 126 closed sales, which is down from the 151 & 145 closed sales recorded during the prior months of September and October respectively. Of the 126 closed sales in November, only 3 were distressed properties (foreclosures/short sales) representing just 2% of the closed sales for the month. As of the […]Read the rest of this entry »
Portland Real Estate Market Update - December 2016
The city of Portland real estate market finished November with 939 closed sales, which is down from the 1,097 & 985 closed sales recorded in the prior months of September and October respectively. Of the 939 closed sales in November, 22 were distressed properties (foreclosures/short sales) representing 2.3% of the closed sales for the month. As of the end of November, distressed properties accounted for 6.2% of the active listing […]Read the rest of this entry »
Portland Metro Area Real Estate Market Update - December 2016
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 1.8 months worth. It is down a little from both last month as well as last November 2015 when 2.0 months was recorded. Comparing market activity to a year ago, pending […]Read the rest of this entry »
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