Image for November 2018: Portland Real Estate Market Stats

November 2018: Portland Real Estate Market Stats

Interpreting the Latest Portland Metro Real Estate Trends: What Does It Mean for You?

According to the latest real estate statistics from RMLS,  the Portland metro area saw a decrease in the average home sale price, down to $448,900. The median sale price in the Portland metro area also went down, to $391,400. The number of days homes are on the market increased by 4, now up to 57 days. This indicates that prices are slowly decreasing and inventory is slowly increasing.

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