Newberg Real Estate Market Update-Week Ending September 18th, 2022

Dated: September 18 2022

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Newberg Real Estate Market Update-Week Ending September 18th, 2022

Newberg finished this last week with 90 active listings, 56 pending listings & 38 sold listings over the last four weeks. Compared to the prior week the median days on market for the sold listings decreased to 6 days, the median sale price decreased to $458K & weeks of inventory increased to 9.5 weeks. See the graphs below to review the last 8 weeks of market activity.

These weekly reports are compiled to help me stay up to date on current trends in the local market which allows me to provide better guidance and advice to my valued clients. If you’re looking to work with an experienced real estate professional who stays up to date on local market conditions and gives excellent client service we should talk!

When I can answer any questions or be of service to you please call/text me directly at 503-680-2065 or send me a message using this link. Thank you!

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Steve Thoele

Steve’s primary responsibilities are working with clients to successfully buy and sell their homes as well as direct the marketing and management activities of the Executive Home Team. Steve cam....

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