During the month of March we see a general pattern of a lowering or slight increase over last year during the same month, and a big increase over the prior month/Feb of 2018 in most all localities.

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

• According to the RMLS Market Action Report for the Portland Metro Area, March, 2018:
  • There were 3,648 New Listings in March 2018 which was up 1.2% from March of 2017’s 3,604, and up a whopping 44.2% from the previous month/Feb of 2018’s total of 2,530.
  • At 2,371, March Closed Sales were down 4.9% from March 2017’s 2,494, and up a whopping 31.3% from the previous month/Feb 2018’s total of  1,806.
  • March’s Pending Sales (accepted offers), at 2,894 dropped 4.9% from March of 2017’s 3,043, and increased another whopping 23.8% from the previous month/Feb 2018’s total of 2,337
  • The Average Sale Price in March of $445,900 was up $17,500 from March 2017’s $428,400, and also up from February 2018’s $441,900 by $4,000.   

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

• North Portland:  $438,700              6.6%   (Feb 418,000)
• NE Portland:  $478,900                   7.3%   (Feb 462,400)
• SE Portland:  $418,600                   8.4%   (Feb 418,700)
• Gresham/Troutdale:   $356,400   12.0%   (Feb 339,400)
• Milwaukie/Clackamas:  $423,400  9.4%   (Feb 406,100)
• Oregon City/Canby:   $396,500      6.0%   (Feb 381,200)
• Lake Oswego/West Linn:$631,100 6.1%   (Feb 706,400)
• West Portland:    $597,200             3.1%   (Feb 602,500)
• NW Wash County:  $550,200          7.5%   (Feb 540,100)
• Beaverton/Aloha:     $386,000        9.1%   (Feb 380,500)
• Tigard/Wilsonville:   $456,700        7.4%   (Feb 443,600)
• Hillsboro/Forest Grove: $403,800  9.9%   (Feb 384,600)

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)

CLICK HERE: Heads-Up on FHA Guideline Changes (Active Rain)

I have to say, my Grandma would probably agree! My favorite kitchen was huge and I had a big claw-foot table in the middle of it where everyone always hung out.  I miss that kitchen ; )

CLICK HERE: The Case Against Open Kitchens, The New Yorker, Feb 20, 2018

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.”

I met this bird on a walk in the neighborhood last night~

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