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Portland Area Residential Real Estate Trends Remain Dynamic

According to the most recent RMLS data available, in May 2024, the Portland metropolitan real estate market showed signs of vibrancy and growth. Home prices continued their upward trend with the average sale price reaching...more

Slow Permitting Keeps Builders on the Sidelines Despite Demand

In June 2022, according to a Redfin report, Portland home prices were up 7.6% compared to last year, selling for a median price of $570,000. On average, homes in Portland sell after six days on the market. One would expect...more

Update On Portland’s Housing Market – Condominiums And Single-Family Homes

According to recently released market trend reports, the number of condominiums listed for sale in Northeast and Southeast Portland dropped by 20% from September 2020 to December 2020 and the number of units sold increased...more

Portland's Residential Real Estate Market Responds Surprisingly To COVID-19

The COVID-19 health crisis has indelibly affected society, impacting our behaviors, habits, and priorities. Unlike previous recessions, our relationship to spending and saving may be markedly different in our current...more

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