• 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 / Portland Local / Portland Real Estate Market Action Report – August 2019

Portland Real Estate Market Action Report – August 2019

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 offers accepted last month in July 2019.

New listings (3,757) fared similarly, ending 10.8% lower than in August 2018 (4,214) and 5.3% lower than last month in July 2019 (3,966).

Total market time rose by five days in August to end at 48 days. Inventory held steady at 2.3 months

Comparing 2019 and 2018 through August, the average sale price has increased 1.0% from $454,500 to $458,900. In the same comparison, the median sale price has increased 2.2% from $401,000 to $410,000.

Filed Under: 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