Portland Oregon Real Estate Market Report

Portland Real Estate Market
Portland Oregon currently has 13,805 + - active residential homes on the RMLS. [caption id="attachment_1276" align="aligncenter" width="300" caption=" "][/caption] Metro Area | New MLS Listings New MLS listings compared to one year ago is down -9.4% and are up +4% over last month. [caption id="attachment_1279" align="aligncenter" width="300" caption=" "][/caption] Portland Oregon Active Residential Properties Back on Market (BOM) to Reset DOM 18% of this months current MLS listings are simply re-listed homes. This 18% represents home owners usually at the Realtor's request of a resetting of DOM (Days On Market) or removing the home and immediately re-uploading it in an attempt to cover the fact that it isn't selling and reset the DOM statistic and breathe fresh air on what Realtors and industry insiders call a stale listing. [caption id="attachment_1283"…
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