Linda Rossi – December 23, 2018

The holidays are all around us now!

Here is your look at the most recent data for the entire Portland area (Nov) and a neighborhood-by-neighborhood breakdown just below it.             (***End-of-Year Numbers/Dec will be out on or about Jan 15th)

According to the RMLS Market Action Report for the Portland Metro Area, November, 2018:

• There were 2,310 New Listings in November 2018 which was down 4.4% from November of 2017’s 2,416, and also down 25.5% from the previous month/Oct of 2018’s total of 3,100 .
• At 2,144, November Closed Sales cooled  10.2% from November 2017’s 2,387, and also 12.1 % from the previous month/Oct 2018’s total of 2,440.
• November’s Pending Sales (accepted offers), at 1,904 are down 19.7% down from November of 2017’s 2,371, and 23.3% from the previous month/Oct 2018’s total of  2,484.
• The Average Sale Price in November of $448,900 was up $23,900 from last year/November 2017’s $425,000, and down a little from the previous month/Oct 2018’s $454,400 by $5,500.   

Neighborhoods: November’s Average Sale Price + 12-month Appreciation:

• North Portland:  $412,500              4.6%   (Oct 428,700)
• NE Portland:  $453,100                    3.7%   (Oct 463,100)
• SE Portland:  $425,200                     5.3%   (Oct 395,200)
• Gresham/Troutdale:   $361,600     8.1%   (Oct 359,700)
• Milwaukie/Clackamas:  $443,400  5.1%   (Oct 410,200)
• Oregon City/Canby:   $427,200       6.9%   (Oct 408,600)
• Lake Oswego/West Linn:$728,5001.4%   (Oct 714,500)
• West Portland:    $601,000               4.3%   (Oct 646,200)
• NW Wash County:  $511,700           2.9%   (Oct 588,300)
• Beaverton/Aloha:     $397,200         8.0%   (Oct 398,000 )
• Tigard/Wilsonville:   $482,000         6.6%   (Oct 454,400 )
• Hillsboro/Forest Grove: $381,300  6.3%   (Oct 400,500 )

Linda Rossi – December 15, 2018

Congratulations!!!

Linda Rossi – December 12, 2018

Linda Rossi – December 10, 2018

 

Hey, My clients win. On this one it was a win over 5 other Offers… 4 at the same offer price as ours.

Linda Rossi – November 21, 2018

Inventory is still higher than usual, but is coming down just a bit. I hate to keep beating this drum, but it really is the best time of year to buy.  Two of my clients In particular just snapped up two gorgeous homes and had great options from which to choose. At this time of year prices have cooled and there aren’t quite as many Buyers out fighting you for showings. Its a perfect combination of variables.

Here is your look at the most recent data for the entire Portland area (October):

 

According to the RMLS Market Action Report for the Portland Metro Area, October, 2018:

• There were 3,100 New Listings in October 2018 which was up 4.0% from October of 2017’s 2,981, and/but down 14.0% from the previous month/Sept of 2018’s total of 3,606 .
• At 2,440, October Closed Sales fell  4.9% from October 2017’s 2,565, but are up 7.4 % from the previous month/Sept 2018’s total of 2,272.
• October’s Pending Sales (accepted offers), at 2,484 down 8.2% down from October of 2017’s 2,705, but up 0.5% from the previous month/Sept 2018’s total of  2,471.
• The Average Sale Price in October of $454,400 was up $15,900 from October 2017’s $438,500, and also up from the previous month/Sept 2018’s $447,800 by $6,600.   

Neighborhoods: October’s Average Sale Price + 12-month Appreciation:

• North Portland:  $428,700               4.8%   (Sep 416,300)
• NE Portland:  $463,100                     3.8%   (Sep 433,700)
• SE Portland:  $395,200                      5.8%   (Sep 420,200)
• Gresham/Troutdale:   $359,700     9.0%   (Sep 352,200)
• Milwaukie/Clackamas:  $410,200  4.3%   (Sep 437,400)
• Oregon City/Canby:   $408,600       6.4%   (Sep 404,300)
• Lake Oswego/West Linn:$714,500 2.6%   (Sep 627,000)
• West Portland:    $646,200                4.2%   (Sep 631,700)
• NW Wash County:  $588,300            3.3%   (Sep 486,200)
• Beaverton/Aloha:     $398,000          7.4%   (Sep 402,800)
• Tigard/Wilsonville:   $454,400          6.9%   (Sep 466,900)
• Hillsboro/Forest Grove: $400,500   6.5%   (Sep 393,200)

Linda Rossi – November 15, 2018

I Love it when I remember to take a picture~

Linda Rossi – September 19, 2018

Activity continues to be mixed in the Portland area. A lot of it is seasonal/happens every year. Some looks like a slight cooling trend.
Here is your look at the most recent data for the entire Portland area (August) and broken down by neighborhood below:
According to the RMLS Market Action Report for the Portland Metro Area, August, 2018:
• There were 4,214 New Listings in August 2018 which was up 4.1% from August of 2017’s 4,048, and down 2.3% from the previous month/July of 2018’s total of 4,312 .
• At 2,967, August Closed Sales fell 2.2% from August 2017’s 3,034, and/but were up 8.4 % from the previous month/July 2018’s total of 2,736.
• August’s Pending Sales (accepted offers), at 2,760 were cooler at 10.2% down from August of 2017’s 3,072, and 10.1% down as well from the previous month/July 2018’s total of 3,071.
• The Average Sale Price in August of $462,400 was up $26,700 from August 2017’s $436,400, and also up from the previous month/July 2018’s $455,100 by $7,300.
Neighborhoods: August’s Average Sale Price + 12-month Appreciation :
• North Portland: $403,000 4.6% (July 415,900)
• NE Portland: $468,800 4.1% (July 467,400)
• SE Portland: $427,500 7.3% (July 425,400)
• Gresham/Troutdale: $360,000 10.5% (July 361,500)
• Milwaukie/Clackamas: $444,000 5.2% (July 427,400)
• Oregon City/Canby: $436,000 7.7% (July 439,400)
• Lake Oswego/West Linn:$745,100 5.1% (July 689,700)
• West Portland: $646,200 3.6% (July 591,000)
• NW Wash County: $557,900 4.4% (July 552,500)
• Beaverton/Aloha: $406,600 8.0% (July 383,600)
• Tigard/Wilsonville: $466,100 8.1% (July 452,700)
• Hillsboro/Forest Grove: $386,900 7.5% (July 403,100)

Linda Rossi – August 22, 2018

Explore Some Portland Neighborhoods…With Me!

There are a bunch of favorites of mine I would have included (in the Portland Monthly piece below) with nearby shops & “feel”… St Johns isn’t on here (?!)…Hollywood & Beaumont… Irvington & Sabin… Sellwood… Montavilla (though I guess that’s in their “82nd”?) & Tabor… little town of Milwaukie… Alberta & Dekum… Johns Landing up towards Corbett… South Burlingame & Carson Heights… Multnomah Village…and lots more. Call me!
Here’s the Portland Monthly Piece on 6 Neighborhoods: CLICK HERE