We decided to compare May 2019 to May 2021 to get a closer comparison against a more “typical” year
rather than comparing the data to 2020, that is skewed due to the issues surrounding the COVID pandemic.
​So, keep in mind that there is a two-year gap between these numbers.

MAY 2019 COMPARED TO May 2021
NEW LISTINGS are down 19%, with 4,902 vs 3,971 new homes on the market.
PENDING SALES are up 12.9%, with 3,292 vs 3,717 homes going under contract during the month. (Sellers who have accepted offers but have not closed yet).
CLOSED SALES are up 7.1%, with 2,969 vs 3,183 home closing escrow during the month.
 
AVERAGE SALES PRICE: 2019 vs 2021
$471,200 vs $582,200, or a 23.5% increase
 
MEDIAN SALES PRICE: 2019 vs 2021
$420,000 vs $515,000, or a 22.6% increase
 
MONTHS OF INVENTORY
At the end of May 2021, we have another RECORD low inventory at 0.7 months.  This means that if we don’t put any more homes on the market to sell, it would take us just 3 weeks to sell everything in Portland. By comparison May of 2019 inventory was 2.1.
 
We are in a lack of supply driven market. We have much more demand than houses for sale, plus very low interest rates. It is not uncommon to have multiple offers on homes for sale, so homes are often going for more than asking price.
 
It is a great time to be selling.  It is a little tougher to buy, but we have great strategies that have been successful in helping buyers get into homes they want.
 
If there is anything that we can do for you, please give us a shout!  We are here to help however we can. If you are looking to make a move, or you know someone who is, we would love the referral.
 
We hope everyone continues has a better 2021. 

It’s almost impossible to predict when a crisis may occur. From major storms to a global pandemic, the world has experienced a handful of unexpected events in the past few years.
 
When weathering a storm — figuratively or literally — it’s important to be prepared. That’s why we're sharing information to help you in times when the unexpected happens. You’ll find tips on how to keep you and your family safe during an emergency weather event like a hurricane, tornado or fire. There are also a few pointers for protecting pets during these events.
 
Emergency preparedness may not be most fun thing to talk about, but it’s still important to make sure you and your family are ready for anything. It is my hope that these tips bring you comfort and peace-of-mind by helping you expect the unexpected!