November 2017 Real Estate Market Update.
Welcome to the November market report for Portland, Oregon 2017. How is the Portland real estate market this November you ask? The inventory of houses for sale remains low across the board for all property types ranging from most expensive to least, shown as Quartiles on the report link below. There were more houses absorbed (Sold), then added last week which is a strong sign that it’s still a seller’s market. Days on Market (DOM) is now up to 81 and should continue to rise through the rest of the year.
Early November is an excellent time to list your house to sell as there is generally a lack of quality homes for sale this time of year. Buyers looking in November are serious so I always say yes, this is a great time to put your house on the market when asked.
Click the link below for an updated Market Report of Portland OR. If you would like more specific information on your neighborhood or Home Value I am here to help, contact me at 503.891.4725.