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July 2022 - Market Action Report - Portland, OR

8/15/2022

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​Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of July 2022.  Click on the image below to see the full seven page detailed report.
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Home inventory* increased to 2.0 months. This is the most inventory in Portland since May of 2020.

While the median sales price dipped (0.7%) in July 2022 as compared to June 2022 at $566,000, the year-over-year MSP is still UP 8.4% over July of last year from $522,000.

July 2022 vs June 2022
New Listings are down 12.4%
Pending Sales are down 4.6%
Closed Sales are down 18.1%


July 2022 vs July 2021
New Listings are down 11.8%
Pending Sales are down 27.1%
Closed Sales are down 31.1%


Homes are selling at the same speed as July 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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Emergency Planning 101

8/15/2022

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​Having to evacuate your house suddenly for an emergency can be terrifying. The information below provides tips to help you to prepare ahead of time so you will be able to grab what you need and go. 
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Preparing for the Unexpected

8/1/2022

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It may not be fun to think about, but natural disasters or other life emergencies can strike at any moment. That’s why it’s important to be prepared. Advanced planning can make all the difference in keeping you and your family safe in any crisis.
 
To help you prepare for the unexpected, we’ve provided some important emergency preparation tips. We’ve also included a useful emergency kit checklist to ensure you have essential items on hand ahead of time.
 
If you have any questions or would like more advice on how to safeguard you and your loved ones, please give us a call. We’ll be more than happy to assist you!
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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