This month I am simplifying this and breaking it down two different ways for you. Year over year (YOY) and since last month (LM). Year over year (YOY) New listings down 8.3%Pending sales up 19.4%Closed sales up 2.2% Last month (LM) New listings down 30.9%Pending sales down 11.7%Closed sales down 15.3% What does this mean… Continue reading November Portland Metro Market Update
I get asked this question ALL. THE. TIME. I hate to answer with a question but I always do because it always depends. I tend to start with; When do you NEED to move? What are your goals? How much time and energy do you have now? What's next in your journey? What is your… Continue reading When is the best time to buy and sell?
Closed sales increased 6.1% from last year in October as well as 8.9% since last month. As the graph below shows, the trend since 2015 has been a decline in October. I was pleasantly surprised to see the increase! What does this mean to you? If you're a seller: This shows that the demand… Continue reading October Portland Metro Market Update
While pending and closed sales as well as average price all rose year over year, they fell slightly from August. This is very typical of the Portland Metro market as we head later into the fall and winter. Check out the Active Residential Listings graph pulled from the RMLS Market Action September 2019 Reporting Period.… Continue reading September Portland Metro Market Update