February 2019 Portland Real Estate Market Report

January 2019 is a Neutral market*

Home For Sale in January 2019: 1814 units.
• Down 4% compared to last month
• Up 40.8% compared to last year

Home Closed in January 2019: 504 units.
• Down 27.5% compared to last month
• Down 16.6% compared to last year

Home Placed under Contract in January 2019: 734 units.
• Up 35.7% compared to last month
• Down 3.5% compared to last year

*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales

Click here for the full market report!

The post February 2019 Portland Real Estate Market Report appeared first on Living Room Realty.

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