2020-05-21 Portland Market Update
We are releasing updates a little more regularly due to the real estate market changing so quickly in response to changing guidelines related to COVID-19. Check out our video and notes below so see what's going on!
All Portland Metro Area
April 15 – 30, 2020 May 1 – 14, 2020 May 1 – 14, 2019
New Listings 1487 1349 1457
Pending Sales 1111 1212 1281
Pending of Listings
since May 1st 467 412
Sold 955 687
Sentrilock Activity (Showings) – Average this time of Year is 25,000
Bottom week was Week Ending 4/5/20 at 10,493
5/3/20 16,540 11.5% increase over the previous week
5/10/20 17,132 3.6% increase over the previous week
5/17/20 18,566 8.4% increase over the previous week
The one thing I’ve learned in almost 32 years in real estate is that houses are sold every day, in both good and bad markets!
The “Big Why” doesn’t change:
Now is a really good time to put your home on the market, particularly if you want to move before the new school year!
Stay Well and Stay Healthy!
Portland Metro News
Come here to get updates on local real estate market information, community events, and helpful tips for homeownership in the Portland, OR region.