It can be difficult to know where to start after you have made the decision to sell your home. I will walk you through each step of the process to make a lasting impression for buyers and set your home apart from other listings. Being prepared will allow you to shift your focus to the excitement of finding your new dream home. Contact me if you have any questions or would like to get started.

Residential Review:
Portland Metro, Oregon
November 2019

November Residential Highlights

New listings, at 2,118, decreased 8.3% from November 2018 (2,310) and fell 30.9% from October 2019 (3,064). Pending sales (2,274) increased 19.4% over the 1,904 offers accepted in November 2018, and fell 11.7% short of the 2,575 offers accepted last month in October 2019. Closed sales (2,191) rose 2.2% from the 2,144 closings recorded last year in November 2018 and decreased 15.3% compared with the 2,588 closings recorded last month in October 2019.

Inventory and Total Market Time

Inventory stayed at 2.4 months this November, while total market time increased to 60 days.

Year to Date Summary

Comparing the first eleven months of 2019 to the same period of 2018, new listings (39,248) have decreased 1.8%, pending sales (28,782) have increased 1.7% and closed sales (27,374) have decreased 1.5%.

Average and Median Sale Prices

Comparing 2019 to 2018 through November, the average sale price has increased 1.4% from $453,100 to $459,300. In the same comparison, the median sale price has increased 2.5% from $400,000 to $410,000.

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Previously Sold

NE Portland

Represented Seller
3138 NE 80th Avenue

Pearl District

SW Portland

Represented Buyer
921 SW 57th Ave.
$1,190,000

NW Portland

Represented Seller
2566 NW Marshall Street. #C2
$420,000

List with Portland Urban Homes