September saw inventory rise for a second month in succession, though still at a lowly 3.1 months. New listings and pending sales were again down on the previous month. Closed sales fell 8% over last month but were up 10.2% on September 2013. Currently there are 7,438 active listings on the market. Total market time went up slightly to 60 days. Average sales price over the last 12 months is up 8.1% to $328,300.

Posted by:mylesfaulkner

I'm a real estate broker in Portland, Oregon.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s