Huge Jump in Sales | Portland Sales Volume Report | April 2016

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

Huge Jump in Sales

866 homes sold in Portland this March, which is 300 more than February. Home sales are on track to match or exceed the all-time highs set in Summer of 2005. The market is still favoring sellers and promises to keep inventory low even before the Summer rush.

Wild cards: As prices rise, more buyers are priced out of the market which could slow the pace of sales. Interest rates have dropped close to all time lows. Out of state investment continues to push prices and rents higher and keep inventory low.

I’m predicting around 900 closed sales in Portland (RMLS areas 141, 142, 143 & 148) in April.

sv999

 

Comments (1)

MichelleCherie Carr Crowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

So what is currently happening in 2018 in the Portland market?

Aug 01, 2018 11:21 PM

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