June 2022 Market Update
If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Portland market. We saw another strong seller’s market in June with certain segments beginning to cool off primarily at the top of the luxury market. Inventory is up slightly to 1.4 months of supply the highest level since June of 2020. Buyers are not discouraged by the rate increases and still purchasing at a brisk pace keeping inventory held down.
Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.
Our market report showcases everything you need to know about local real estate trends.
Average Sales Price
Months of Supply
Average Days on Market
Year Over Year Appreciation