SW Portland

November Real Estate Market Numbers

November Real Estate Market Numbers

While most indicators are down this month compared to October (new listings, pending sales, closed sales, and prices), nearly all are up from this time last year. Every year we expect to see activity (and therefore prices) drop slightly in the fall and winter, so comparing to this time last year is a better indication of where the market is. With new listings up 16.2% and pending sales up almost 5%, the Portland Metro Area is still showing signs of a sellers’ market, despite the drops from last month. Read More