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Spring Projects for Your Home

3/15/2022

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That new beginning feeling that comes with spring makes it a great time to start a home improvement project! The information below provides four of the best projects to take on now, so your home will be ready in time for summer.
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February 2022 - Market Action Report - Portland, OR

3/10/2022

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of February 2022.  Click on the image below to see the full seven page detailed report.
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Home inventory* held at the very low level of 0.8 months.

The median sales price continues to rise year-over-year, UP 9.6% over February of last year: now at $525,000. 

February 2022 vs January 2022
New Listings are up 11.4%
Pending Sales are up 7.2%

Closed Sales are up 4.6%


February 2022 vs February 2021
New Listings are up 3.9%
Pending Sales are up 11.1%

Closed Sales are down 2.0%


Homes are typically selling a week faster than February of last year.
*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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  • 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 - 146th Ter
  • Home Search
  • Resources
    • Preferred Lenders
    • Business Directory
    • Client Survey
    • March Madness 2023
  • Blog
  • Contact Us