June 2020 - Market Action Report - Portland, OR

Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of June 2020.  Click on the image below to see the full seven page detailed report.

Home inventory dropped to 1.5 months, the lowest level of active listings vs closed sales since May 2017.

The year-to-date median sales price is UP 3.9% at $423,000, over this same period last year. 

June 2020 vs May 2020
New Listings are up 7.0%
Pending Sales are up 17.4%
Closed Sales are up 38.0%

June 2020 vs June 2019
New Listings are down (14.6%)
Pending Sales are up 18.5%
Closed Sales are down only (1.7%)

Homes are typically selling in the same amount of time as this period last year.