May 2018 Real Estate Market Update.
Welcome to the May market update for Portland real estate buyers and sellers. The number of single family residential (SFR) properties continues to increase but sales are also keeping up with them. We are in a sellers market with the Market Action Index moving up to 51 with inventory of SFR properties around 1413. Prices have leveled off since last month in the city of Portland OR as the median list price is now $565,000 covering the entire Portland Metro. 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.