The Portland metro market continues to be a very strong sellers market. As expected for the time of year new listings were down 14% from September and down 8% from October 2020. Pending sales were up slightly from the previous month and overall closed sales were down .8% from the previous year.
Prices continue to climb and when comparing 2021 to 2020 through October, the average sale price has increased 16.7% from $489,000 to $570,600. Stay tuned for November’s market update and as always feel free to reach out anytime with questions or more information.
The post Portland’s Housing Market Continues To Be Very Strong first appeared on Portland Condos.