Portland Local

Closed sales at 2,901, decreased 2.2% from the 2,967 closings recorded in August 2018 and fell 1.5% short of the 2,944 closings from July 2019. Pending sales saw the sole gain this August, in the Portland metro area. There were 2,929 sales, a 6.1% increase over the 2,760 offers accepted last year in August 2018, but falling 2.3% short of the 2,998 … [Read more...] about Portland Real Estate Market Action Report – August 2019

Closed sales had the strongest numbers this July in the Portland metro area. At 2,994, closings outpaced July 2018 (2,736) by 7.6% and June 2019 (2,756) by 6.8%. This was the strongest July for closings in the area since 2015, when 3,452 closings were recorded. Pending sales, at 2,998, fell 2.4% short of July 2018 (3,071) and 2.8% short of June … [Read more...] about Portland Real Estate Market Action Report – July 2019

Pending sales saw the sole gain this June in the Portland metro area. At 3,083, pending sales rose 0.8% compared with June of last year (3,059), despite decreasing 6.3% from last month (3,292). New listings (4,281) fell 5.2% short of the 4,515 new listings offered last year in June and 12.7% from last month (4,902). Closed sales performed … [Read more...] about Portland Real Estate Market Action Report – June 2019

May brought sunny numbers to real estate activity in the Portland metro area! There were 2,969 closed sales, a 5.9% increase over May 2018 (2,803) ~and a 23.2% increase over last month (2,409). Pending Sales (3,292) rose 2.8% from May 2018 (3,201) and 6.1% from last month (3,102). There were 4,902 new listings offered! A 5.1% increase from May … [Read more...] about Portland Real Estate Market Action Report – May 2019

New listings, at 4,210, increased 5.5% over April 2018 (3,990) and a 20.1% increase over the 3,504 offered last month in March 2019. This was the strongest April for new listings in the area since 2010, when 4,713 were offered. Pending sales, at 3,102, increased 3.1% over April 2018 (3,008) and 13.3% over March 2019 (2,738). Closed sales, at … [Read more...] about Portland Real Estate Market Action Report – April 2019

New listings, at 3,504, a 43.4% increase over February 2019 (2,444) but new listings fell 3.9% short of the 3,648 new listings offered last year in March 2018. Pending sales (2,738) ended 5.4% below the 2,894 offers accepted last year in March 2018 but rose 24.0% over the 2,208 offers accepted last month in February 2019. Closed sales, at 2,183 … [Read more...] about Portland Real Estate Market Action Report – March 2019