KATU NEWS INTERVIEWS NICK KRAUTTER ON PORTLAND’S RED HOT HOUSING MARKET

By
Real Estate Broker/Owner with Keller Williams Realty / Portland Central

Everyone knows the housing market in Portland is tight, but how few choices are there?

I’m breaking down the numbers for you so you can see how many homes are available, how quick they’re selling, and what the average sales prices are right now. Even with this Seller’s market, we’re helping people buy and make moves when they sell. Just make sure you’re planning a couple months before you want to move to make it as stress free as possible.

In South-East Portland (from SE Powell to E Burnside, and from the river to SE 60th)…

  • 18 homes are currently available
  • There are 2 weeks of inventory
  • It takes 22 days to sell on average
  • $560,000 is the average sales price

 

In North-East Portland (from E Burnside to NE Ainsworth, and from the river to NE 39th)…

  • 48 homes are currently available
  • There are 4 weeks of inventory
  • It takes 6 days to sell on average
  • $590,000 is the average sales price

 

In North Portland (from NE Ainsworth up)…

  • 45 homes are currently available
  • There are 3 weeks of inventory
  • It takes 7 days to sell on average
  • $360,000 is the average sales price

 

Read KATU News Article Here
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