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    • Debt to Income Ratio what is it
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Portland Oregon Residential Real Estate Review November 2021

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Our Support Team ,12/8/2021

 Residential Highlights 

New listings (2,229) decreased 0.4% from the 2,238 listed in November 2020, and decreased 31.0% from the 3,232 listed in October 2021.

Pending sales (2,660) increased 4.0% from the 2,557 offers accepted in November 2020, and decreased 16.5% from the 3,187 offers accepted in October 2021.

Closed sales (2,832) increased 3.2% from the 2,745 closings in November 2020, and decreased 9.5% from the 3,129 closings in October 2021.

Inventory and Total Market Time

Inventory decreased to 0.8 months in November. Total market time increased to 27 days.

Year-To-Date Summary

Comparing the first eleven months of 2021 to the same period in 2020, new listings (38,852) increased 6.1%, pending sales (33,620) increased 8.7%, and closed sales (32,492) increased 11.4%.

Average and Median Sale Prices

Comparing 2021 to 2020 through November, the average sale price has increased 16.1% from $492,000 to $571,100. In the same comparison, the median sale price has increased 16.2% from $438,000 to $508,900.   

Data courtesy of RMLS Portland

 

 

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PORTLAND OREGON RESIDENTIAL REAL ESTATE REVIEW APRIL 2019

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Liberty First Realty, LLC
8215 SW Tualatin Sherwood Rd Suite 200Tualatin
Oregon 97062
503-278-5334
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