Fall 2017: Portland Real Estate Market

Portland Real Estate Market
[caption id="attachment_8314" align="alignleft" width="300"] Median List Price of Portland Homes For Sale[/caption] Summer is over and Fall is here with plenty of cold, rainy wind... and of course, the ubiquitous comparatively sluggish real estate market. I say "comparatively sluggish" because housing in our city is still selling quickly and inventory remains very low by the measures of conventional wisdom. Nonetheless, average days on market for residential homes for sale is increasing while market action is waning. Current median asking price for properties in Portland is $518,000 and the average list price is $635,476. Following the waning market action, prices have been settling down a bit from their all time high in the spring/summer but even still, ever since the Great Recession, Portland's real estate market is continually defined by (lack…
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