March 2019 Portland Real Estate Market Report

February 2019 is a Seller’s Market*

Home For Sale in February 2019: 1900 units.
• Down 5.6% compared to last month
• Up 38.1% compared to last year

Home Closed in February 2019: 660 units.
• Up 6.1% compared to last month
• Down 15.2% compared to last year

Home Placed under Contract in February 2019: 882 units.
• Up 7.3% compared to last month
• Up 3.3% 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

 

 

For the full March 2019 Market Report
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