THE MCDOWELL TEAM, LLC PREMIERE PROPERTY GROUP, LLC
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May 2025 - Market Action Report - Portland, OR

6/6/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of May 2025.  Click HERE to see the full detailed report.
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Home inventory* is reported at 3.3 months of availability in May.

The actual median sales price has increased 2.0% since  May of 2024, now at $569,500.

May 2025 vs April 2025
New Listings are up 8.7%
Pending Sales are up 3.3%

Closed Sales are up 7.3%

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May 2025 vs May 2024
New Listings are up 4.1%
Pending Sales are down 2.7%
Closed Sales are down 5.7%


Homes are taking one week longer to sell than they did in May 2024. 
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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There’s No Place Like Home

5/30/2025

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Here, we're sharing a fun retrospective of America’s most popular home styles over the past century. Whether it was a traditional Cape Cod, a mid-story ranch or a modern design, they all have one thing in common — they went from being just a “house” to a “home.”
 
When you own a home, you are making a commitment to your future. But we know, for many, it can be difficult getting on that first step of the homeownership ladder. So, we're also sharing a few strategic tips on how you or someone you know can get started.
 
We're always here to provide advice and support as well as connecting you to our strong network of other related professionals like mortgage lenders and financial advisors. Let us know how we can help you — or someone you know — find your next dream home!
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Adventure Awaits Around Every Turn

5/15/2025

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​Have you made your summer vacation plans yet? If not, consider checking out the places we’ve suggested below. There’s something for everyone — outdoor activities, cultural attractions, and spots to just chill and relax.  And if you happen to find your next dream home on your travels, let me know. I’m part of a network of great agents from across North America. I’ll be happy to connect you to one wherever you want to go!  
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April 2025 - Market Action Report - Portland, OR

5/9/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of April 2025.  Click HERE to see the full detailed report.
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Home inventory* is reported at 3.1 months of availability in April.

The actual median sales price has increased 1.3% since  April of 2024, now at $550,000.

April 2025 vs March 2025
New Listings are up 25.9%
Pending Sales are up 1.2%

Closed Sales are up 16.6%

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April 2025 vs April 2024
New Listings are up 7.6%
Pending Sales are down 3.8%
Closed Sales are effectively the same


Homes are taking just six days longer to sell than they did in April 2024. ​
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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Rest and Recharge this Summer

5/1/2025

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Have you planned your summer vacation yet? If not, consider this your friendly reminder to do so!
 
Below we’ve shared a few reminders of why it's so beneficial to take a break and how to start planning time off. We’ve also included a few of the great places in the U.S. you might want to consider visiting either this summer or at a future time.
 
No matter where this summer takes you—even if it’s a relaxing staycation at home—we hope you have a wonderful time with family and friends.  We can’t wait to meet up afterwards and hear where you ended up going!
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Conquer Small Clutter Hotspots

4/15/2025

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Life gets busy, and clutter piles up! Instead of feeling overwhelmed by cleaning it all at once, consider tackling one small area at a time. We're sharing simple tips below to help you get started—and you might just feel inspired to keep going!  And remember, if you have a big job that you feel you can’t (or don’t want to) do on your own, let us know. We can refer you to a great professional in our network.  
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March 2025 - Market Action Report - Portland, OR

4/9/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of March 2025.  Click HERE to see the full detailed report.
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Home inventory* is reported at 3.0 months of availability in March.

The actual median sales price has increased 1.3% since  March of 2024, now at $542,000.

March 2025 vs February  2025
New Listings are up 38.2%
Pending Sales are up 33.4%

Closed Sales are up 13.0%

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March 2025 vs March 2024
New Listings are up 10.0%
Pending Sales are up 2.9%

Closed Sales are up 2.2%


Homes are taking just five days longer to sell than they did in March 2024. 
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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The Life-Changing Impacts of Decluttering

4/1/2025

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Do you often say to yourself, “I have too much stuff!” If so, don’t feel bad — you’re not alone! At least half of us feel that way, too. It can leave us not only overwhelmed but impact our overall mental and physical health as well.
 
Below we're sharing five simple tips to help you feel more in charge of your environment. Even implementing one of these tips can make a difference, leaving you feeling calmer, less stressed, and more in control.
 
If you’d like a referral to a service professional such as an organizer, cleaner or mover as you go through this process, let us know and we’ll be happy to connect you to one in our network. We're also here for any real estate-related questions or needs you may have in the future.
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Money Management Made Simple

3/15/2025

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Setting a budget might feel a bit daunting, but it’s a reliable way to manage your monthly expenses and save for something special, like a dream vacation or a down payment on a home. Below you’ll find simple steps and helpful websites to guide you in creating an effective budget that will support your financial goals.
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February 2025 - Market Action Report - Portland, OR

3/10/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of February 2025.  Click HERE to see the full detailed report.
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Home inventory* dropped back to 3.2 months of availability.

The actual median sales price has increased 1.6% since  February of 2024, now at $538,300.

February 2025 vs January 2025
New Listings are down 12.5%
Pending Sales are down 4.1%

Closed Sales are up 17.7%

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February 2025 vs February 2024
New Listings are down 7.4%
Pending Sales are down 5.4%

Closed Sales are up 11.2%


Homes are taking one day longer to sell than they did in February 2024 (basically the same). 
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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Photos from Ian Sane, Shamraze/Nuhaize, Me in ME, Ian Sane, docoverachiever, Jaykhuang, OregonDOT, Lulu Höller, marc falardeau, Jaykhuang, dsearls, Si1very, Kirt Edblom, SupportPDX, pyrospectaculars, Jonathan Miske, jesse.millan, nicolas.boullosa, pyrospectaculars, Ian Sane
  • Home
  • About Us
    • Mission Statement
    • Rick McDowell
    • Jimmy McDowell
    • Becky Shaw
    • Client Testimonials
  • Sellers
    • What's My Home Worth?
    • Selling a Home in an Estate
  • Buyers
    • Preferred Lenders
  • Our Listings
    • LISTING - 84TH AVE
    • LISTING - ANGELA LN
    • LISTING - MATEER RD
    • LISTING - WATERFORD WAY
    • LISTING - WILD FERN LN
  • Home Search
  • Business Directory
  • Resources
    • Preferred Lenders
    • Client Survey
  • Blog
  • Contact Us