Portland Real Estate – The Winter Months

    Many home owners are concerned that their home won’t sell during the winter months and hold out for spring or summer to list their homes.  Interestingly, Portland’s average asking price is maintaining the same level as last month.  However, inventory is down 7% since November 2nd.  This means sellers are still in a position of power.  Home owners should still expect to receive solid offers through the winter months.  Contact Us to discuss our outside the box, aggressive marketing programs that produce results.

    Date Single Family & Condo
    Inventory
    25th Percentile
    Asking Price
    Median
    Asking Price
    75th Percentile
    Asking Price
    12/02/2013 8,940 $210,000 $289,000 $449,850
    11/25/2013 9,180 $210,000 $289,000 $449,900
    11/18/2013 9,335 $210,000 $289,000 $449,900
    11/11/2013 9,446 $210,000 $289,500 $449,900
    11/04/2013 9,608 $210,708 $289,900 $449,900

     

    Portland’s median home price is still well below the long term 4% per year trend line.

    Annual Price Graphic

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