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August 2016 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending August 31, 2016

The Portland Metropolitan market conditions ending August 2016 shows the supply of real estate decreased, the demand for housing increased and the overall value of real estate is appreciating when comparing this year to last year (Aug 2016 vs Aug 2015).

Specifically, the current inventory in the Portland Metro area is at 1.9 months, which is exactly the same when comparing last August 2015. From last month (July 2015) inventory is exactly the same. Further two years ago (ending Aug 2014) inventory was higher at 3.0 months. (Inventory is calculated by dividing the total active residential listing at the end of the month by the number of closed sales for that month).

The total current market time resides at 34 days. Last year at this time the total days on market finished at 41 days. This reflects a 18.5% decrease. (Total market time is calculated by the number of days from when a property is listed to when an offer is accepted on the same property. )

The 12 month rolling average sales price currently reflects an average sales price of $380,400 which is a 9.5% increase (from $347,400) when comparing the rolling average sales price from last year.


For the corresponding statistical data for market conditions ending August 31, 2016 click here.

Click on any link below to see any of the previous market condition summaries for Portland residential real estate broken down by month and year:

Real Estate Market Conditions Archive For Portland, Oregon:

2018 Jan
2017 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2016 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2015 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2014 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2013 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2012 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2011 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2010 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2009 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2008       Apr May June July Aug Sept Oct Nov Dec
                         

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Portland Real Estate
Inventory: 2016
Jan 2016
Feb 2016
Mar 2016
Apr 2016
May 2016
June 2016
July 2016
Aug 2016
Sep 2016
Oct 2016
Nov 2016
Dec 2016

Portland Real Estate
Inventory: By Year
2018 2017 2016
2015 2014 2013
2012 2011 2010
2009 2008  
     

 

 

 

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