June 2018 Real Estate Market Update.
Welcome to June in the city of Portland Oregon and the real estate market update for buyers and sellers. As Spring turns into Summer this month so will the housing market make it’s own change in my experience, from lots of new inventory to a more even pace of houses coming to market. The number of single family residential (SFR) properties should continue to increase helping with our low inventory of houses for sale. Portland remains in a sellers market with the Market Action Index hovering around 51 with inventory climbing to 1673. Prices are also staying about the same as last month with the median list price now at $564,999 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.