Portland Metro Home Prices
The most recent Regional Multiple Listing Service housing report shows a marked increase in competing housing and a moderation in home prices.
Portland Area Home Supply in Months
A ‘normal’ housing inventory ranges between 3 and 6 months, where neither homebuyers or homesellers dominate. This latest uptick to 3.3 months in housing supply now places greater Portland in a more typical real estate dynamic.
Home prices averaged an increase of 5.2% overall, with variations depending on the specific area surveyed. Read the entire latest housing report with details on your neighborhood or town by clicking here, or on the image above.
Oregon Realtor Roy Widing
Thinking about buying or selling an Oregon home? Contact Roy with Certified Realty, host of the Oregon Real Estate Podcast for a free consultation using the form below.
