• Skip to main content
  • Skip to primary sidebar

Ashley Realty Works

Portland Real Estate Experts

PORTLAND REAL ESTATE EXPERTS 503.495.5776

  • About
  • Search
    • West Portland
    • East Portland
    • North Portland
    • Lake Oswego/West Linn
    • All Portland Areas
  • Properties
    • Featured Portland Listings
    • Portland MLS Home Search
    • Portland Map Search
    • Portland Home Market Report
    • Sold Properties Listed by Ashley Realty Works
  • Contact
  • Members
You are here: Home / Around Portland / Market Action Report- April 2018

Market Action Report- April 2018

Closed sales saw an upswing this April in the Portland metro area. There were 2,523 closings, a 13.7% increase over April 2017 (2,219) and a 6.4% increase over last month in March 2018 (2,371). New listings (3,990) saw gains as well, outpacing April 2017 (3,759) by 6.1% and March 2018 (3,648) by 9.4%. Pending sales, at 3,008 in April, fell 2.6% short of the 3,088 offers accepted last year in April 2017 but edged 3.9% over the 2,894 offers accepted last month in March 2018.

Inventory increased by a fraction of a month in the Portland metro area in April, ending at 1.8 months. During the same time, total market time decreased to 42 days. There were 4,469 active residential listings in the Portland metro area this April.

Comparing the average price of homes sold in the twelve months ending April 30th of this year ($436,000) with the average price of homes in the twelve months ending April 2017 ($406,400) shows an increase of 7.5%. In the same comparison, the median has increased 9.1% from $355,300 to $387,500.

Filed Under: Around Portland, Around The House, Community, Home Buying Tips, Home Selling Tips, Portland Featured Homes, Portland Local, Real Estate Market

How Can We Help?

The Ashley Realty Works team are dedicated, experienced Portland Oregon real estate professionals and we look forward to helping you find the home you’ve always dreamed of or sell your home fast to move forward on your own journey.

Let us help you take the next step.

SCHEDULE A CALL TODAY!

Primary Sidebar

ashley-realty-works-remax-equity-group-portland-oregon

MEET THE TEAM
Karoline and Wick have grown Ashley Realty Works to be one of Metro Portland area's top real estate teams. Call for a consult today!
503-495-5776

Search Portland Homes

$
$
SEARCH >
  • Facebook
  • Instagram
  • LinkedIn
  • YouTube

GRAB A COFFEE >

  • About
  • Search
  • Properties
  • Contact
  • Members

Copyright © 2023 Ashley Realty Works. All Rights Reserved. #BuiltByBobbie