THE MCDOWELL TEAM OF PREMIERE PROPERTY GROUP, LLC
  • Home
  • About Us
    • Mission Statement
    • Rick McDowell
    • Jimmy McDowell
    • Becky Shaw
    • Client Testimonials
  • Sellers
    • What's My Home Worth?
  • Buyers
    • Preferred Lenders
  • Our Listings
  • Home Search
  • Resources
    • Business Directory
    • Preferred Lenders
  • Blog
  • Contact Us

September 2020 - Market Action Report - Portland, OR

10/12/2020

Comments

 
Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of September 2020.  Click on the image below to see the full seven page detailed report.
Picture
​Home inventory remains extremely low at 1.1 months.  This is the length of time that it would take to run out of houses to sell if we continue selling at the current level without listing additional homes.

The year-to-date median sales price is UP 5.7% over this same period last year at $433,500. 

September 2020 vs August 2020
New Listings are down 16.0%
Pending Sales are down 14.7%
Closed Sales are up 3.2%


September 2020 vs September 2019
New Listings are down 5.9%
Pending Sales are up 17.3%
Closed Sales are up 36.8%

Homes are typically selling two weeks quicker than September last year.
Comments

    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.

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017

    Categories

    All
    Area Events
    Client Events
    Market Updates
    Tips
    Year End Review

    RSS Feed

Services

Sellers
Buyers
Our Listings
​Home Search

Company

About Us
​
Contact Us

Support

Resources
​Business Directory
Blog
© COPYRIGHT 2015. ALL RIGHTS RESERVED.
  • Home
  • About Us
    • Mission Statement
    • Rick McDowell
    • Jimmy McDowell
    • Becky Shaw
    • Client Testimonials
  • Sellers
    • What's My Home Worth?
  • Buyers
    • Preferred Lenders
  • Our Listings
  • Home Search
  • Resources
    • Business Directory
    • Preferred Lenders
  • Blog
  • Contact Us