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Home Prices & Supply Increase

February 14, 2014 By Roy Widing

In an interesting twist that challenges logic, Portland metro home prices are up 2.8% over the past month, while our housing inventory simultaneously jumped by nearly a month’s supply.

Oregon Real Estate: Greater Portland Area Home Prices & Inventory Increase
Greater Portland Area Home Prices & Inventory Increase

Usually home prices soften or drop when supply increases. This counter-intuitive phenomenon highlights the ongoing demand for greater Portland area homes. It also confirms the recovery of real estate values in our region. Oregon housing is back on track.

Oregon Real Estate Information
Click Image For Report

For more information, click here or on the above image for current real estate information on your town or neighborhood.

Thinking of Selling?
With home prices stronger than we’ve seen in years, now is a great time to consider placing your home on the market. Contact Certified Realty using the convenient form below for a FREE consultation about what your property is worth in today’s market.

Filed Under: Real Estate

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