April 2018 Real Estate Market Update.
Welcome to the April market update for Portland real estate buyers and sellers. The number of single family residential (SFR) properties for sale has increased from the Winter months which is great to see. The Market Action Index has moved up to 49 as Spring unfolds and I expect this Seller’s market to continue through Summer at least. Prices continue to go up in the city of Portland OR as the median list price is now $575,000. This covers the entire city but buyers can still find great deals especially in the Outer SE and NE neighborhoods. To see more detailed information, click the link below.
If you have any questions about buying or selling property in Portland, contact me at 503.891.4725.