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February 2017 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending February 28, 2017

The Portland Metropolitan market conditions ending February 2017 shows the supply of real estate inclined , the demand for housing decreased and the overall value of real estate is appreciating when comparing this year to last year (Feb 2017 vs Feb 2016).

Specifically, the current inventory in the Portland Metro area is at 1.9 months, which is an increase by 0.1 months when comparing last February 2016. From last month (January 2017) inventory is up .2 months. Further two years ago (ending Feb 2015) 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 62 days. Last year at this time the total days on market finished at 60 days. This reflects a 4.1% increase. (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 $400,800 which is a 12.1% increase (from $357,400) when comparing the rolling average sales price from last year.


For the corresponding statistical data for market conditions ending February 28, 2017 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: 2017
Jan 2017
Feb 2017
Mar 2017
Apr 2017
May 2017
June 2017
July 2017
Aug 2017
Sep 2017
Oct 2017
Nov 2017
Dec 2017

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

 

 

 

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