News & Notes for Feb 2018

Here is your look at the most recent data for the entire Portland area just below:

  • According to the RMLS Market Action Report for the Portland Metro Area, February, 2018:
    • There were 2,530 New Listings in Feb 2018 which was up .4% from Feb of 2017’s 2,521, and UP  1.8% from Jan of 2018’s total of 2,486.
    • At 1,806, Feb Closed Sales were up 8.2% from Feb 2017’s 1,669, and 10% from the previous month/Jan 2018’s total of  1,628.
    • February’s Pending Sales (accepted offers), at 2,337 dropped 1.4% from Feb of 2017’s 2,369, and increased slightly at 1.1% from the previous month/Jan 2018’s total of 2,311 
    • The Average Sale Price in February of $441,900 was up $37,700 from February 2017’s $404,200, and also up from January 2018’s $436,400 by $5,500.   

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

  • North Portland:  $418,000              7.6%   (Jan 435,300)
  • NE Portland:  $462,400                   7.3%   (Jan 445,800)
  • SE Portland:  $418,700                   9.1%   (Jan 380,900)
  • Gresham/Troutdale:   $339,400   11.2%   (Jan 351,600)
  • Milwaukie/Clackamas:  $406,100  9.6%   (Jan 424,800)
  • Oregon City/Canby:   $381,200      6.2%   (Jan 408,600)
  • Lake Oswego/West Linn:$706,400 4.8%   (Jan 631,600)
  • West Portland:    $602,500             3.5%   (Jan 609,300)
  • NW Wash County:  $540,100          7.4%   (Jan 538,300)
  • Beaverton/Aloha:     $380,500        8.6%   (Jan 367,600)
  • Tigard/Wilsonville:   $443,600        6.7%   (Jan 428,400)
  • Hillsboro/Forest Grove: $384,600 10.1%   (Jan 390,300)

The Single Most Important Thing

 

I have people ask me this all the time how to prepare to buy a home… OR they tell me they’re sure they *can’t* buy a home!  I say: “What’s the single most important thing you could do to get ready to buy a house? Even if you think its “down the road”?
Talk to a *good* lender. They’ll take your info, and *not* charge you anything to run your numbers & give you a range of prices (based on what you qualify for *and* how much you prefer to spend on monthly payments), OR an actual plan on what exactly you need to do to work toward getting approved. Contact me. I know people ; ) People I feel good about. People I’ve vetted. People you can trust with your own individual adventure.”

City of Birds

Portland Artists are into birds. Portland is the City of Roses, the City of Bridges…but its also the City of Birds~

Maker:L,Date:2017-8-21,Ver:5,Lens:Kan03,Act:Kan02,E:Y

2017 Numbers Are In!

 

We’ve got the numbers in for 2017~ Here is your look at the most recent data for the entire Portland area including a Neighborhood Breakdown just below:

  • According to the RMLS Market Action Report for the Portland Metro Area, December, 2017:
    • There were 1,617 New Listings in Dec 2017 which was up 13.8% from Dec of 2016’s 1,421, and down a whopping 33.1% from Nov of 2017’s total of 2,416.
    • At 2,350, Dec Closed Sales were down 10.3% from Dec 2016’s 2,621, and 1.6% from the previous month/Nov 2017’s total of  2,387.
    • December’s Pending Sales (accepted offers), at 1,757 was exactly the same as Dec of 2016, and decreased 25.9% from the previous month/Nov 2017’s total of 2,371.
    • The Average Sale Price in December of $421,700 was up $22,400 from December 2016’s $399,300, and down from November 2017’s $425,000 by $3,300.   

Neighborhoods: December’s Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $400,500             5.9%   (Nov 401,600)
  • NE Portland:  $430,000                   8.1%   (Nov 439,100)
  • SE Portland:  $382,200                    8.7%   (Nov 403,500)
  • Gresham/Troutdale:   $329,600   10.4%   (Nov 349,900)
  • Milwaukie/Clackamas:  $411,500 9.1%   (Nov 406,000)
  • Oregon City/Canby:   $402,100      7.2%   (Nov 377,800)
  • Lake Oswego/West Linn:$662,700 9.5%   (Nov 708,000)
  • West Portland:    $612,700               3.2%   (Nov 576,100)
  • NW Washington County:$534,400  7.7%   (Nov 501,200)
  • Beaverton/Aloha:     $363,200        9.2%   (Nov 349,300)
  • Tigard/Wilsonville:   $435,700       7.7%   (Nov 453,000)
  • Hillsboro/Forest Grove: $366,800 11.0%   (Nov 364,600)