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Portland Metro: Still A Seller’s Market

September 22, 2015 By Roy Widing

Oregon Real Estate, Portland Oregon, Oregon Homes, Oregon Realty, Oregon Properties, immobilien, Oregon Homeseller, Oregon Property

Recently released housing figures confirm a continued “seller’s market” throughout the greater Portland metro area, which includes Multnomah, Clackamas, Clark, Washington and Yamhill counties.

Oregon Real Estate, Portland Oregon, Oregon Homes, Oregon Realty, Oregon Properties, immobilien, Oregon Homeseller, Oregon Property
Portland Area Inventory in Months

Multiple Market Factors 
Our sustained strong market is characterized by (1). Low inventory, (2). Short market times and (3). Rising prices. We currently have less than a two month supply of homes for sale, which is historically low.  Equilibrium of demand, or a balance between buyers and sellers, is generally considered as a three-to-six month supply of inventory.

Oregon Real Estate, Oregon Homes, Portland, Portland Oregon Homes, Portland Real Estate
Portland Area Homes Are In Demand

Short Market Times 
Short market times, in some areas just 24 days, are highlighted in the below table, along with significant price growth in certain areas. This includes North Portland’s latest annual 12.7% price increase.

Oregon Real Estate, Portland Oregon, Oregon Homes, Oregon Realty, Oregon Properties, immobilien, Oregon Homeseller, Oregon Property
Portland Metro Area Housing Highlights – Click Image to Enlarge

Prices Stabilize
While home prices in most areas of the Portland metro are not accelerating like they did a year or two ago, price growth continues overall. In fact, the average annual home price appreciation for greater Portland is now slightly more than 6%, or 1/2% per month. 

Oregon Real Estate, Portland Oregon, Oregon Homes, Oregon Realty, Oregon Properties, immobilien, Oregon Homeseller, Oregon Property
                                        Portland Area Home Price Chart – Click Image to Enlarge

Free Report
For more information, click here for the complete new report on greater Portland real estate, or on the image below. Make sure to check out page two of this report for specifics on your Portland area town or neighborhood.

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Click for Newest Report

Contact The Experts
Thinking about selling your Oregon property?

Certified Realty Company, Oregon
‘Oregon’s Choice Since 1950’

Contact the experts at Certified Realty today here for a free report on what your property could sell for in today’s seller’s market, or call 503-682-1083.

Filed Under: 2015 Oregon Real Estate, Oregon Home Supply, Oregon Homes For Sale, Oregon Homeseller, Oregon Homeselling, Oregon Housing, Oregon Housing Data, Oregon Housing Inventory, Oregon Properties, Oregon Property Appreciation, Oregon Real Estate, Oregon Real Estate Market, Oregon Real Estate Market Data, PDX Home, PDX Homes, Portland Home, Portland Homes, Portland Property, Portland Real Estate, Real Estate, Selling Oregon Real Estate, Selling Your Oregon Home, Willamette Valley, Willamette Valley Homes, Willamette Valley Oregon, Willamette Valley Properties, Willamette Valley Property, Willamette Valley Real Estate, Willamette Valley Real Estate Market, Willamette Valley Realty Tagged With: 2015 Oregon Real Estate, Oregon Home Inventory, Oregon Homeseller, Oregon Homeselling, Oregon Properties, Oregon Real Estate Inventory, Portland Home Inventory, Portland Real Estate, Portland Real Estate Inventory, Willamette Valley, Willamette Valley Real Estate Inventory

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