NW Portland Real Estate Market Update - June 2017
The NW Portland real estate market (which is comprised of the zip codes 97210, 97229 & 97231) finished May with 147 closed sales, which is up from the 123 & 119 closed sales recorded during the prior months of March and April respectively. Of the 147 closed sales in May, there was 1 distressed property (foreclosures/short sales) representing 1% of the closed sales for the month. As of the today, […]Read the rest of this entry »
Portland Real Estate Market Update - June 2017
The city of Portland real estate market finished May with 1,159 closed sales, which is up from the 1,026 & 938 closed sales recorded in the prior months of March and April respectively. Of the 1,159 closed sales in May, 30 were distressed properties (foreclosures/short sales) representing 3% of the closed sales for the month. As of today, distressed properties accounted for 3% of the active listing inventory. There were […]Read the rest of this entry »
Portland Metro Area Real Estate Market Update - June 2017
Our local multiple listing service (RMLS) released their real estate market statistics for May 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 1.5 months worth. It is down from last month and up just slightly from last May 2016 when 1.4 months was recorded. Comparing market activity to a year ago, pending sales […]Read the rest of this entry »
Canby Real Estate Market Update - June 2017
The Canby real estate market finished April with 15 closed sales which is down from the 18 & 30 closed sales recorded during the prior months of February and March respectively. Of the 15 closed sales in April, none were distressed properties (foreclosures/short sales) representing 0% of the closed sales for the month. As of today, distressed properties accounted for 1% of the active listing inventory. There were 2 closed […]Read the rest of this entry »
Newberg Real Estate Market Update - June 2017
The Newberg real estate market finished April with 39 closed sales which is down from the 40 & 55 closed sales in the prior months of February and March respectively. Of the 39 closed sales in April, 1 was a distressed property (foreclosures/short sales) representing 3% of the closed sales for the month. As of today, distressed properties accounted for 6% of the active listing inventory. There were 5 closed […]Read the rest of this entry »
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