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Oregon Real Estate Market News

March 17, 2015 By Roy Widing

Oregon Real Estate, Oregon Properties, Oregon Homes, Willamette Valley, Portland Oregon, Oregon Realty

Fresh figures on our real estate market were recently released by the Regional Multiple Listing Service, RMLS.

Oregon Real Estate, Oregon Properties, Oregon Homes, Willamette Valley, Portland Oregon, Oregon Realty
Oregon Home Price Chart

Thanks in part to our continued low inventory of homes for sale, our housing market remains strong, with price increases the rule, not the exception. At our current rate of home sales, our market would now run out of properties in 3 months. That’s traditionally considered a low figure, since real estate experts consider inventory levels around 4-6 months to be more balanced between buyers and sellers. At this point, we remain in a ‘seller’s market.’

Oregon Real Estate, Oregon Properties, Oregon Homes, Willamette Valley, Portland Oregon, Oregon Realty
Housing Inventory in Months

Given this ‘seller’s market,’ the average price of a home in our region is now up 6.2% over the past year. Hillsboro and Forest Grove top the year-to-date price gain at 10.9%, with Southeast Portland up 10.3% and Northeast Portland appreciating by 9.1%. 

Oregon Real Estate, Oregon Properties, Oregon Homes, Willamette Valley, Portland Oregon, Oregon Realty
Oregon Home Price Chart

Check out the latest real estate information on your Oregon neighborhood or town here on page two of this latest ‘Market Action’ or click on the ‘Market Action’ image below.

Oregon Real Estate, Oregon Properties, Oregon Homes, Willamette Valley, Portland Oregon, Oregon Realty
Click for Latest Report

Thinking about selling? It’s a seller’s market, so now is a good time to sell when housing demand is high. Contact Certified Realty using the contact form below for a free consultation of what your property could sell for in today’s market.

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Filed Under: Oregon Homeseller, Oregon Homeselling, Oregon Housing, Oregon Housing Data, Oregon Property Appreciation, Oregon Real Estate, Oregon Real Estate Market, Oregon Real Estate Market Data, Portland Real Estate, Selling Oregon Real Estate, Selling Your Oregon Home, Willamette Valley Real Estate, Willamette Valley Real Estate Market Tagged With: How To Sell Your Oregon Home, Oregon Homeseller, Oregon Homeselling, Oregon Real Estate, Oregon Real Estate Inventory, Oregon Real Estate Predictions, Portland Real Estate, Portland Real Estate Inventory, Sell My Oregon Home, Selling Oregon Home, Willamette Valley, Willamette Valley Real Estate Inventory

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