Real Estate Blog - Blog Archive: October, 2018

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October 2018

Found 5 blog entries for October 2018.

Has the market changed, or is this a normal seasonal variation?

Short Answer: The market is balancing, and the seasonal variation is temporarily exaggerating the change. We see continued price softening over the next couple of months, followed by a comparatively robust spring.

September By the Numbers

  • Median sale price ($392,500): 3.3% up from September 2017 ($380,000), 3.7% down from August 2018 ($407,500). 
  • Number of homes sold (2,272): 14.6% down from September 2017 (2,660), 23.4% down from August 2018 (2,967).
  • Number of homes on the market (7,082): up 18.1% from September 2017 (5,998), up 2.2% up from August 2018 (6,929).
  • Months supply of inventory (3.1): up from September 2017 (2.3), up from August 2018 (2.3).
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Some of Portlands greatest neighborhoods are featured in the Architectural Heritage Center's upcoming walking tours! Want to learn more about your neighborhood or the neighborhood your dreaming of moving to? Click the event to register. Once you fall in love with Portland's historic neighborhoods, give us a call and we'll help you find your dream home. We're your neighborhood real estate experts! 

Willamette Heights | Saturday, Oct. 6th | 10 am 

Pearl District: A Century of Preservation and Change | Tuesday, Oct. 9th | 10 am

King's Hill National Register Historic District | Tuesday, Oct. 16th | 10 am

Landscapes and History: A Walk Through River View Cemetery | Saturday, Oct. 20th | 10 am

 The Houses of Eastmoreland Tour | Tuesday, Oct.

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