Wednesday, July 20, 2016

The Best Deals in Portland This Week!

From PDXMONTHLY.com:

"Best of the City 2016: Seven Essential Outdoor Escapes in Portland!" 

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Sunday, July 10, 2016

Portland Oregon Real Estate Market Report - July, 2016

All homes for sale, pending, and closed for the last 15 months 



June 2016 is a Seller's market*

Home For Sale in June 2016: 1455 units.
Up 21.4% compared to the last month
Down 2% compared to the last year

Home Closed in June 2016: 1017 units.
Down 3.6% compared to the last month
Down 17.9% compared to the last year

Home Placed under Contract in June 2016: 1150 units.
Down 0.9% compared to the last month
Down 7.2% compared to the last year

*Buyer's market: more than 6 months of inventory based on closed sales
 Seller's market: less than 3 months of inventory based on closed sales
 Neutral market: 3 - 6 months of inventory based on closed sales



Average Price Per Square Foot for the past 15 months



June 2016 Average Sold Price per Square Footage is Neutral*

Average Sold Price per Square Footage in June 2016: $237 

Down 0.8% compared to the last month
Up 11.3% compared to the last year

*Based on 6 month trend - Appreciating/Depreciating/Neutral




Average Days On Market and Sale Price/List Price %



June 2016 Average Days on Market trend is Falling*

Average Days on Market in June 2016: 20 

0% compared to the last month
Down 20% compared to the last year

June 2016 Sold/Original List Price Ratio Remains Steady*

Sold/Original List Price % in June 2016: 101% 

Down 1.9% compared to the last month
Down 1% compared to the last year

*Based on 6 month trend - Rising/Falling/Remains Steady



Average Price for sale and actually sold





June 2016 Average For Sale Price is Neutral*

Average For Sale Price (in thousand) in June 2016: $600 

Down 0.5% compared to the last month
Up 11.5% compared to the last year

June 2016 Average Sold Price is Appreciating*

Average Sold Price (in thousand) in June 2016: $455 

Up 0.2% compared to the last month
Up 12.3% compared to the last year

*Based on 6 month trend - Appreciating/Depreciating/Neutral



Months of Inventory 





June 2016 is a Seller's market*

Months of Inventory based on Closed Sales in June 2016: 1.4 

Up 26.4% compared to the last month
Up 16.7% compared to the last year

*Buyer's market: more than 6 months of inventory based on closed sales
 Seller's market: less than 3 months of inventory based on closed sales
 Neutral market: 3 - 6 months of inventory based on closed sales



Saturday, July 9, 2016

The Best Deals in Portland This Week

From OREGONLIVE.com:

"Looking For Outdoor Movies Around Portland?

We've Found Them!" 

click here to see full article


click on the images below to see full listing information







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