Linda Rossi – August 6, 2019

Another One Sold!

Linda Rossi – July 16, 2019

Overview/Fluctuations:

Per RMLS Market Data for the Portland Metro Area, June 2019:

• There were 4,281  New Listings in June 2019 which was down 5.2%  from June of 2018’s 4,515, and a whopping 12.7% from the previous month/May’s 4,902.
• At 2,756 June 2019’s Closed Sales were also down at 6.4% under June 2018’s 2,946, and  7.2% increase over the previous month/May 2019’s total of 2,969.
• June 2019’s Pending Sales (accepted offers), at 3,083 were up a tiny bit at  0.8% over June of 2018’s 3,059, but down 6.3% from the previous month/May 2019’s total of  3,292.
• The Average Sale Price  in June 2019 of $472,700 rose only slightly at $300.00 over last year/June 2018’s $472,400, and was up just $1,500 from the previous month/May 2019’s $471,200.  
• The “Median” Sale Price  (the price smack dab in the middle of all sales) in June 2019 of $420,000 was up modestly from last year/June 2018’s $417,900 by $2,100, and exactly the same as the previous month/May 2019’s $420,000 .   

 

Neighborhoods: 

 

May’s Average Sale Price + 12-month Appreciation (and Year-to-Date Median Sale Price):

• North Portland:  $417,900               0.2%   (May $405,000) YTD Median: $405,000
• NE Portland:  $491,500                     0.0%   (May $534,500) YTD Median: $429,700
• SE Portland:  $434,700                      3.4%   (May $433,500)  YTD Median: $375,000
• Gresham/Troutdale:   $374,900     5.8%   (May $368,200)  YTD Median: $353,500
• Milwaukie/Clackamas:  $484,200  3.3%   (May $444,600)  YTD Median: $414,000
• Oregon City/Canby:   $460,900       6.2%   (May $435,700)  YTD Median: $413,000
• Lake Oswego/West Linn:$702,000 0.2%   (May $695,600)  YTD Median: $580,000
• West Portland:    $611,000               1.3%   (May $637,800)  YTD Median: $525,000
• NW Wash County:  $535,000          -1.9%  (May $536,900)   YTD Median: $510,000
• Beaverton/Aloha:     $411,100         5.8%  (May $414,200)   YTD Median: $390,000
• Tigard/Wilsonville:   $472,800         2.0%  (May $472,100)   YTD Median: $440,000
• Hillsboro/Forest Grove: $433,200  3.4%  (May $423,400)   YTD Median: $380,000

Linda Rossi – June 15, 2019

Overview/Fluctuations

Per RMLS Market Data for the Portland Metro Area, May 2019:

• There were 4,902  New Listings in May 2019 which was up 5.1%  from May of 2018’s 4,665, and a whopping 16.4% increase over the previous month/April’s 4,210.  (*Strongest May since 2008 which was 5,182.)                                                                                                                                                                                  
• At 2,969 May 2019’s Closed Sales were up 5.9% from May 2018’s 2,803, and again, a whopping 23.2% increase over the previous month/April 2019’s total of 2,409. (*Strongest May since 2006 which was 3,054.)                                                                              
• May 2019’s Pending Sales (accepted offers), at 3,292 were up 2.8% from May of 2018’s 3,201, and also up 6.1% from the previous month/April 2019’s total of  3,102.                                                                                                                                                                        
• The Average Sale Price in May 2019 of $471,200 rose $10,500 from last year/May 2018’s $460,700, and was up $19,100 from the previous month/April 2019’s $452,100.  
• The “Median” Sale Price (the price smack dab in the middle of all sales) in April 2019 of $420,000 was up from last year/April 2018’s $409,000 by $11,000, and up $15,000.00, from the previous month/April 2019’s $405,000.   

Neighborhoods:

May’s Average Sale Price + 12-month Appreciation (and Year-to-Date Median Sale Price):

• North Portland:  $426,300               1.6%   (Apr 421,300)     YTD Median: $405,000
• NE Portland:  $534,500                     0.7%   (Apr 446,800)     YTD Median: $406,500
• SE Portland:  $433,500                      4.2%    (Apr 422,100)     YTD Median: $373,500
• Gresham/Troutdale:   $368,200     5.4%    (Apr 390,300)     YTD Median: $353,500
• Milwaukie/Clackamas:  $444,600  2.6%    (Apr 452,900)     YTD Median: $409,000
• Oregon City/Canby:   $435,700       6.3%    (Apr 432,800)    YTD Median: $405,000
• Lake Oswego/West Linn:$695,600 0.9%    (Apr 654,900)    YTD Median: $580,000
• West Portland:    $637,800               2.3%    (Apr 578,000)    YTD Median: $525,000
• NW Wash County:  $536,900          -0.4%   (Apr 538,500)    YTD Median: $510,100
• Beaverton/Aloha:     $414,200         7.5%    (Apr 393,000)    YTD Median: $389,000
• Tigard/Wilsonville:   $472,100         3.0%    (Apr 467,500)    YTD Median: $435,000
• Hillsboro/Forest Grove: $423,400   4.2%    (Apr 395,200)    YTD Median: $379,900

Linda Rossi – April 12, 2019

4 Bd/3 Ba, 2014 Craftsman ***Close-in St Johns*** 1953 Finished SF ~ Hardwood Plank Floors Throughout ~ Granite/Stainless Kitchen ~ Jetted Soaking Tub ~ Smart Remote Switches ~ Laundry Upstairs/Washer Dryer Included ~ Porch & Covered Back Deck ~ Fenced Backyard ~ High Efficiency Everything ~ Lg Lower Level Bedroom, Media Room, or… $479,000

Linda Rossi – April 12, 2019

 

Overview/Fluctuations                                                                                                                            Per RMLS Market Data for the Portland Metro Area, March 2019:

• There were 3,504  New Listings  in March 2019 which was down 3.9% from March of 2018’s 3,648, and substantially up at 43.4% from the previous month/ February’s total of 2,444.
• At 2,183 March 2019’s Closed Sales   cooled  7.9% from last year/ March 2018’s  2,371, BUT, were up quite a bit at 26.5 % from the previous month/ Feb 2019’s total of 1,726.
• March 2019’s Pending Sales (accepted offers), at 2,738 were down 5.4% from March of 2018’s 2,894, but were ahead a whopping 24.0% from the previous month/ Feb 2019’s total of  2,208.
• The Average Sale Price  in March 2019 of $447,900 was up $2,000 from last year/ March 2018’s $445,900, and up from the previous month/ Feb 2019’s $441,100 by nearly $7,000.  
• The “Median” Sale Price  (smack dab in the middle of all sales) this March 2019 of $399,000 was up $4,000.00 from last year/ March 2018’s $395,000, and down slightly/$900.00, from the previous month/ Feb 2019’s $399,900.   

Neighborhoods:                                                                                                      

March’s Average Sale Price + 12-month Appreciation (and Year-to-Date Median):

• North Portland:  $425,200               2.2%   (Feb 427,800)        YTD Median: $400,000
• NE Portland:  $451,700                     2.0%   (Feb 462,400)        YTD Median: $400,000
• SE Portland:  $431,400                      4.4%   (Feb 404,600)         YTD Median: $366,300
• Gresham/Troutdale:   $374,600     4.8%   (Feb 348,400)         YTD Median: $350,000
• Milwaukie/Clackamas:  $426,800  2.5%   (Feb 413,800)         YTD Median: $395,000
• Oregon City/Canby:   $442,400       7.7%   (Feb 424,700)          YTD Median: $395,000
• Lake Oswego/West Linn:$651,300 2.2%   (Feb 677,000)          YTD Median: $550,000
• West Portland:    $571,800                1.8%   (Feb 551,000)          YTD Median: $515,000
• NW Wash County:  $502,000            0.0%   (Feb 504,300)         YTD Median: $500,000
• Beaverton/Aloha:     $405,400          8.2%   (Feb 413,800)          YTD Median: $381,000
• Tigard/Wilsonville:   $445,300          5.5%   (Feb 469,400 )         YTD Median: $431,300
• Hillsboro/Forest Grove: $405,000   4.3%   (Feb 379,600)          YTD Median: $373,000

Linda Rossi – March 23, 2019

My friend really knows how to build ’em~

Linda Rossi – March 18, 2019

 

Overview/Fluctuations                                                                                                                            Here is your look at the most recent data for the entire Portland area, February 2019.

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

• There were 2,444 New Listings in February 2019 which was down 3.4% from February of 2018’s 2,530, & also down a whopping 19.8% from the previous month /January’s total of 3,048.  ***This was the coolest February since 2014 when the New Listings in Feb were 2,354.
• At 1,726 February 2019’s Closed Sales were mixed. They cooled  4.4% from February 2018’s 1,806, BUT, rose a substantial 19.0 % from the previous month /Jan 2019’s total of 1,451.
• February 2019’s Pending Sales (accepted offers), at 2,208 were also mixed: Down 5.5% down from February of 2018’s 2,337, AND, ahead 8.0% from the previous month/Jan 2019’s total of  2,045.
• Average Sale Price in February 2019 of $441,100 was basically unchanged / down just slightly ($800.00!) from last year/February 2018’s $441,900, and up from the previous month/Jan 2019’s $435,600 by $5,500.  
• “Median” Sale Price (so…the price smack dab in the middle of all sales) February 2019 of $399,900 was up $14,900.00 from last year/February 2018’s $385,000, and also up about the same, $15,000, from the previous month/Jan 2019’s $384,900.   

Neighborhoods:                                                                                                      

February’s Average Sale Price + 12-month Appreciation (and YTD Median):

• North Portland:  $427,800               2.5%   (Jan 403,900)     YTD Median: $395,500
• NE Portland:  $462,400                     3.2%   (Jan 439,500)     YTD Median: $393,300
• SE Portland:  $404,600                      4.5%   (Jan 390,000)     YTD Median: $359,900
• Gresham/Troutdale:   $348,400      5.7%   (Jan 349,300)     YTD Median: $349,900
• Milwaukie/Clackamas:  $413,800   3.0%   (Jan 410,500)     YTD Median: $395,600
• Oregon City/Canby:   $424,700      7.0%    (Jan 397,100)      YTD Median: $393,000
• Lake Oswego/West Linn:$677,000 1.9%   (Jan 664,200)     YTD Median: $547,000
• West Portland:    $551,000               1.7%    (Jan 589,800)     YTD Median: $525,000
• NW Wash County:  $504,300            1.3%   (Jan 559,600)     YTD Median: $510,000
• Beaverton/Aloha:     $413,800         8.6%    (Jan 393,900)     YTD Median: $380,000
• Tigard/Wilsonville:   $469,400         6.5%    (Jan 440,100)     YTD Median: $435,000
• Hillsboro/Forest Grove: $379,600  5.0%    (Jan 391,500)     YTD Median: $369,900

Linda Rossi – March 7, 2019