If you need assistance, please call 503-740-4155


Monday, October 1, 2018   /   by Ben Pickthorn



Not sure what the newest updates are for the local Portland Real Estate Market? Watch this video to learn exactly what is going on in your local real estate market.

In this season of the Portland housing market, you will see that inventory has been rising all year. The number of months of inventory is at 2.4 months. That is the highest number of months inventory for real estate in the metro Portland market than we have seen in the past 3 years. The marketing changing.

We are at the end of this upward trend. Typically the market will go up for about 7 years. Right now we are at 10 years. What goes up, must come down. Prepare yourself for a shift in the market.

Homes are appreciating by 6%. But what’s going to happen moving forward? Inventory levels are increasing, listings coming on the market are increasing, pending sales are decreasing and closed sales a decreasing as well. That is a true sign that the market is shifting.

Oregon home buyers are pushing back and Oregon home sellers mindsets are still in such a place that they think that the market is awesome. We are having two worlds collide. Buyers are wanting more, sellers are wanting to give less, they are butting heads and they are separating.

Portland Oregon Real Estate will look dramatically different this time next year. If you are looking for Portland homes for sale and are interested in the Portland Oregon housing market then be sure to watch the rest of this video to find out everything that you need to know about the Portland Real Estate Market for September 2018.

It is important to be in the know about the current Portland Real Estate Market when you are considering buying or selling a home. Don't forget to check out the rest of the Green Group channel. Now you know where the market is at, you are able to learn the best tools and tips of what goes into buying and selling your home.

Visit our website...

Check out our social media as well...
Email Us: info@greengrouprealestate.com

Thanks for tuning in. Subscribe to the channel to get new videos every week!

Green Group Real Estate
27350 SW 95th Ave #3030
Wilsonville, OR 97070


  market update

eXp Realty- Green Group Real Estate
Andy Green
3200 N Lombard St.
Portland, OR 97217

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS(TM) of Portland, Oregon. Real estate listings held by brokerage firms other than Benjamin Pickthorn - Keller Williams Portland Premier - Green Group Real Estate are marked with the RMLS(TM) logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS(TM), Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 9/30/2022 11:11 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

© 2022 Willamette Valley Multiple Listing Service. All rights reserved. The data relating to real estate for sale comes in part from the Willamette Valley Multiple Listing Service. Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
This site powered by CINC: www.cincpro.com