Spring 2021 – Portland Real Estate Market

JUSTIN’s
Market Update

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Welcome to the Spring update for Portland Oregon. 

At KOVER Realty, we are vaccinated and continue to follow state guidelines for COVID. I am SO excited businesses are starting to open back up and people are out enjoying our beautiful weather!!

My guidance for the season for buyers is to be quick with offers as houses are selling very fast. Sellers continue to be in a strong position but need to price their houses competitively. The historically low number of houses and condos for sale in Portland puts us in a solid Seller’s market. Two houses in my neighborhood of Russell in NE Portland just sold for $40k over list price with minimal days on market for a 3bd, 1ba, 1000sf ranch home.

To view a detailed weekly market report from my preferred title & escrow partner, First American Title Co., click below.

PORTLAND Oregon Market Report

Thinking about buying or selling property in Portland or the surrounding area?
Call or text: 503.891.4725.

Thank you,
-Justin

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