September 2018 Real Estate Market Update
Welcome to the September update from KOVER Realty Group. The days on market in Portland has increased to 79 on average and the market action index (MAI) has fallen to 40. This puts us closer to the threshold of 30 which indicates a balance for buyers and sellers but Portland is still a seller’s market. The supply of houses is growing with 2078 single family houses on the market, as we head into Fall. Currently there are more choices now for buyers if you are looking to move up, downsize or just need a bigger yard for your pets.
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If you have any questions about buying or selling property in Portland I’d love to help, call or text 503.891.4725.