Real Estate News

march analysis graphic

March Real Estate Market Analysis

The RMLS numbers from March are here! Here’s our take: Home prices increased quite a bit in March – up 6.5% over the same period last year – along with the number of homes that sold (up 7.9%). The average length of time it took homes to sell and inventory* both fell…

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Willamette Week Best of Portland 2020

It’s that time of year again! Each Spring Willamette Week puts on an annual poll allowing readers to choose their top picks for all things Portland – everything ranging from shops, restaurants, events, people and more! Because nominees are chosen by the readers, we are counting on you to help us out.…

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January RMLS Market Analysis

The RMLS numbers from January are here! Here’s our take: The Median Sale Price in the Portland Metro area rose again last month to $406,000 – an increase of 5.5% over January of 2019. New listings nearly doubled from last month, but are still almost 10% lower than this time last year.…

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Fremont bridge in Portland

Portland’s One-of-a-Kind Affordable Housing Unit

A new apartment complex specifically designed to help Portland’s Native American population find affordable housing has just been completed in the Cully neighborhood. The building features studio, one, two and three bedroom options and has been titled Nesika Illahee, which translates to “Our Place” in the Chinook language. Nesika Illahee’s exterior adorns…

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December RMLS Market Analysis

The RMLS Numbers for December are out! Here’s our take: Looking at the last month of last year (and last decade!) we see a lot of positive activity in the Portland Metro Area. Compared to the previous December, new listings increased by 1.2%, closed sales were up almost 20% and the Median…

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RMLS Market Analysis

The RMLS Numbers for October are out! Here’s our take: The median sale price in the Portland Metro Area held steady last month at $410,500; increasing slightly by just $500 over September and represented an increase of 3.9% over this time last year. This is typically the time of year when sales…

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