Downtown Portland Real Estate Market Update - February 2017
The downtown Portland real estate market (which is comprised of the zip codes 97201, 97204, 97205 & 97209) finished January with 44 closed sales, which is down from the 52 & 53 closed sales recorded during the prior months of November and December respectively. Of the 44 closed sales in January, there was 1 distressed property (foreclosures/short sales) sold for the month. As of the end of January, distressed properties […]Read the rest of this entry »
SW Portland Real Estate Market Update - February 2017
The SW Portland real estate market (which is comprised of the zip codes 97219, 97221, 97225 & 97239) finished January with 128 closed sales, which is up slightly from the 127 & 124 closed sales recorded during the prior months of November and December respectively. Of the 128 closed sales in January, 3 were distressed properties (foreclosures/short sales) representing just 2% of the closed sales for the month. As of […]Read the rest of this entry »
NW Portland Real Estate Market Update - February 2017
The NW Portland real estate market (which is comprised of the zip codes 97210, 97229 & 97231) finished January with 91 closed sales, which is down from the 135 & 136 closed sales recorded during the prior months of November and December respectively. Of the 91 closed sales in January, there were no distressed properties (foreclosures/short sales) representing 0% of the closed sales for the month. As of the end […]Read the rest of this entry »
Portland Real Estate Market Update - February 2017
The city of Portland real estate market finished January with 732 closed sales, which is down from the 973 & 1,019 closed sales recorded in the prior months of November and December respectively. Of the 732 closed sales in January, 28 were distressed properties (foreclosures/short sales) representing 4% of the closed sales for the month. As of the end of January, distressed properties accounted for 7% of the active listing […]Read the rest of this entry »
Portland Metro Area Real Estate Market Update - February 2017
Our local multiple listing service (RMLS) released their real estate market statistics for January 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 1.7 months worth. It is up from last month but down just slightly from last January 2016 when 1.8 months was recorded. Comparing market activity to a year ago, pending sales […]Read the rest of this entry »
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