Downtown Portland Real Estate Market Update - June 2017
The downtown Portland real estate market (which is comprised of the zip codes 97201, 97204, 97205 & 97209) finished May with 77 closed sales, which is up from the 63 & 58 closed sales recorded during the prior months of March and April respectively. Of the 77 closed sales in May, there were no distressed properties (foreclosures/short sales) sold for the month. As of today, distressed properties accounted for only […]Read the rest of this entry »
SW Portland Real Estate Market Update - June 2017
The SW Portland real estate market (which is comprised of the zip codes 97219, 97221, 97225 & 97239) finished May with 172 closed sales, which is up from the 126 & 119 closed sales recorded during the prior months of March and April respectively. Of the 172 closed sales in May, 2 were distressed properties (foreclosures/short sales) representing 1% of the closed sales for the month. As of today, distressed […]Read the rest of this entry »
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 »
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