Check out this Oregon Live piece on what’s happening:
https://www.oregonlive.com/realestate/2021/02/portland-metro-homes-for-sale-high-competition-low-interest-rates-push-average-sale-price-to-514700.html?fbclid=IwAR15pjujPcDx-B_MIniDEpag3JlO5LVDZv1YH-HZF2DURxonLv3AoJHNHco