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 the rest of this entry »
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 the rest of this entry »
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 the rest of this entry »
Canby Real Estate Market Update - May 2017
The Canby real estate market finished March with 29 closed sales which is up from the 24 & 18 closed sales recorded during the prior months of January and February respectively. Of the 29 closed sales in March, 1 was a distressed property (foreclosures/short sales) representing 3% of the closed sales for the month. As of the end of March, distressed properties accounted for 3% of the active listing inventory. […]Read the rest of this entry »
Newberg Real Estate Market Update - May 2017
The Newberg real estate market finished March with 54 closed sales which is up from the 33 & 40 closed sales in the prior months of January and February respectively. Of the 54 closed sales in March, 4 were distressed properties (foreclosures/short sales) representing 7% of the closed sales for the month. As of the end of March, distressed properties accounted for 7% of the active listing inventory. There were […]Read the rest of this entry »
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