Buying A Home In Portland This Year Inventory Is On The Rise

Dated: 01/24/2019

Views: 134

Portland Metro Area Real Estate Listings Are On The Rise!

Portland Metro Real Estate Inventory 2016 2017 2018

Chart of Average Portland Metro Real Estate Inventory 2016 2017 2018

The top reason homeowners cited for not listing their home for sale in 2018, was their belief that they would be unable to find a home to buy. The last three years have seen a rise in inventory across the Portland Real Estate Market Area. After 6 years of low inventory for sale, we’re finally starting to see more listings come to market! This is great news for Buyers and Sellers. Let’s get together to chat about what this means for you and your situation! 

Inventory in Months is calculated by dividing the Active Residential Listings at the end of the month in question by the number of closed sales for that month. This includes proposed and under construction homes.

Latest Blog Posts

Oregon Legislature Passes First Nationwide Rent Control

On Tuesday February 26th, 2019 the Oregon House passed Senate Bill 608 The vote of 35-25 passes this bill in both chambers with the backing of Democratic Leaders in both houses. The Bill now heads

Read More

Portland Oregon Residential Real Estate Review January 2019

January Residential Highlights The Portland area saw an uptick of new listings to begin the year this January. There were 3,048 new listings, a 22.6% increase over January 2018 (2,486) and more than

Read More

4 Questions To Ask Before Selling Your Portland Area Home

Selling in the Portland Market this Year? These are 4 Questions and answers you must have.Are you planning on selling your Portland Area Home in 2019? You will no doubt have more than 4

Read More

No Matter What The Portland Groundhog Says You Should Sell Before Spring

Whether your favorite Portland groundhog sees their shadow or not,you should list your house for sale before Spring! The winter is a perfect time to list with less competition and more access to the

Read More