Southeast Portland Market Report | Trends Up in AUG | Aaron Majors
By Aaron Majors, CNE. Principle Broker
(Portland Realty Hub LLC)
Real Estate Executive Summary for Portland, OR The median list price in Portland, Oregon (as of August 2013) is $320,000. Inventory is up and market action is trending down (just recently). Days on market is down as well. Overall we are seeing real estate conditions weakening a bit. This may be us just leaving spring (prime time to sell a home). Real Estate Supply and Demand in Portland, OR The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence. Real Estate Prices in Portland, OR UP! Home prices in Portland are trending upward in the last few weeks. My Thoughts By measuring the current rate of sales versus the amount of inventory we are ...
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