Blog Education October 2018 Portland Real Estate Market Report

October 2018 Portland Real Estate Market Report

By Living Room Realty, October 9, 2018

September 2018 is a Neutral market*

Home For Sale in September 2018: 14910 units.
• Up 0.4% compared to last month
• Up 6.6% compared to last year

Home Closed in September 2018: 4409 units.
• Down 26.6% compared to last month
• Down 17.8% compared to last year

Home Placed under Contract in September 2018: 4909 units.
• Down 8.1% compared to last month
• Up 0.1% compared to last year

*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales


CLICK HERE FOR THE COMPLETE MARKET REPORT


 

Living Room Realty

...
Read More
  • T: 503-719-5588
  • welcome@livingroomre.com

You might also enjoy

Unlocking the Dream of Homeownership in Portland: A Comprehensive Guide from Offer to Keys

Will Sing

Embarking on the journey to homeownership in Portland, Oregon, is an exciting endeavor. With its vibrant...

How to Navigate Portland’s STR Permit Process: Insider Tips

Will Sing

Unlocking Portland’s STR Permit Maze If you’re eyeing the short-term rental market in Portland, getting your...

Maintaining Your Home’s Value: The Top 4 Things

Kat Gilpatrick

What are they, and when should they be done? If you own a home, you likely...

Buying vs. Renting in 2025: What Portlanders Need to Know.

Kelsey Burkett

With home values shifting, mortgage rates holding steady, and rental prices fluctuating, buyers and renters alike...