June 2013’s RMLS Market Action shows a slight cooling compared to May but still way ahead of May 2012. Inventory climbed to 2.9 months which is still an indicator of a seller’s market. Six months has traditionally been viewed as the neutral point between a sellers market and buyers market but I think in this… Continue reading RMLS Market Action June 2013
July 2013’s RMLS Market Action was published yesterday. Inventory remains tight and consistent at 2.8 months and other metrics are in positive territory as well. The average sales price is $326,500 compare to $287,000 this time last year. Here’s a metric we’ve never looked at before: the ratio of accepted offers to closed offers. We… Continue reading Will My Transaction Close? RMLS Market Action July 2013
We’re trying something new this month with September’s RMLS Market Action: an infographic (click the image to enlarge): Please note- image is copyrighted. Feel free to share, please do not edit our contact info out or yours in.
RMLS Market Action for October 2013 is hot off the press and it shows that housing inventory in the Portland Metro area dropped to 3.4 months. Inventory was 3.7 months in September and 3.8 months this time last year. The average sales price is $314,100 which is a slight drop from September but up 13.5%… Continue reading RMLS Market Action October 2013
RMLS Market Action for July 2014 was released on Friday and our custom info graphic distilling the information from the report is hot off the presses today. Available listings in the Portland Metro area remains under three months for the 4th month in a row. Inventory, the ratio of active listings to closed sales shows… Continue reading RMLS Market Action July 2014
RMLS Market Action for September is hot off the presses and here’s our monthly info graphic we produce monthly in-house. Want to know the amount of equity in your home? We offer a no cost/no obligation custom report of your property.
The RMLS Portland Market Action report recently released for December 2014 offers insight not just to last month, but as a year-in-review. Our most recent infographic (shown below) provides a visualization of the trends of the last three years. The main theme? It’s a seller’s market so buyers need to position themselves to compete. One of… Continue reading RMLS Portland Market Action & 2014 Year End Review
The latest RMLS Portland Market Action data was released last week, and our latest infographic is below. Two notable points in this data are the inventory level and the average sales price change. As the infographic notes, there was an increase in new listings and a decrease of closed sales compared to December 2014, which pushed… Continue reading Jan 2015 RMLS Portland Market Action Shows Increased Inventory, Decreased Average Price
The April 2015 RMLS Market Action report for the Portland metro was just posted today. It covers the home sale data for the previous month – in this case, April. The data shows another drop in inventory in months. This trend has kept us at 2005 inventory levels while we are seeing a significant increase in available… Continue reading The April 2015 RMLS Market Action