Home Types that Sell for More

We analyze different types and statuses of homes to determine which sell for more and which sell for less. We create reports on single-level homes, homes with ADUS, FSBO homes, vacant or occupied homes, and more.

For Sale By Owner Homes Sell for 14% Less – 2022 Report

November 29, 2021

In 2021, 90% of homeowners in the real estate market nationwide sold their home using a real estate agent or broker, according to the National Association of Realtors. That was on par with 2019-2020 and slightly lower than 2018 (91%). Only 7% of home sellers sold their homes For Sale by Owner (FSBO). For sale by owner homes sold for much less in 2021 than homes represented by real estate agents, 14% less, which we will explain here. For Sale By Owner Rates Have Dropped Consistently Over the Years The 7% of FSBO home sales in 2021 was down by 1% from 2020. The For Sale By Owner rate has been steadily dropping since the NAR first began keeping track...


portland homes with adu sell for more

Portland Homes with ADUs Sell for 8% More – 2022 Report

November 26, 2021

When most people think of adding an ADU to their property, they immediately think of rental income potential. Or maybe they simply want extra living quarters for a family member or for frequent guests. While having the ability to add more space and generate income is a bonus, did you know that having an ADU on your property also increases future resale potential an adds value to your overall property? Finding a Home for Sale with Additional Living Quarters is Easier than Ever Thanks to our patent-pending technology, Portlanders can search for homes that have ADUs on a dynamic real estate map. Our software indexes every word written about every property for sale in our local MLS, RMLS, and then...


Single Level Homes Sell Faster and for More in Portland – 2021 Report

July 7, 2021

Portland is a city famed for its beautiful – and diverse – single family homes. You can find it all here, from gorgeously ornate Victorians to smooth and sleek modern builds. It might surprise you, then, to learn that once again, recent sales data shows that buyers seem to prefer the unassuming single level home. Let’s take a look at the numbers as well as why the appeal of the single level, or ranch style, home proves so enduring. All Home Styles Are Selling Quickly in 2021 – But Especially Single Level Homes First, we should note that homes of all shapes and sizes are flying off the market like hotcakes. In our latest data set, we looked at detached...


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How to Sell a Home with a Tenant Inside in 2021

April 14, 2021

Selling a tenant occupied home has never been trickier. A landlord must be aware of constantly changing local regulations, whether it be state, county, or city and at the same time keep an eye on federal emergency regulations. All of the above governmental agencies can override any existing lease between the homeowner and tenant. Selling a Home with a National Eviction Mandatorium in Place Right now we are still in a Federal national eviction mandatory that lasts until June 30th, 2021, and could be extended further. In effect, no homeowner in all 50 states can simply let their contract with the tenant expire or remove a tenant for issues like non-payment. If a homeowner evicts a tenant under Federal protections...


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What Sells a Home: Vacant, Seller, or Tenant Occupied?

September 1, 2020

2020 Real Estate Market Update. You’re getting ready to sell your home and you wonder, should I move out and vacate the property for the real estate market, or should I stay and not worry about it? Or let’s say you’re getting ready to sell your investment property with tenant inside. Should you wait until they leave to put it on the real estate market, or is it better to sell with a tenant inside? A lot of articles we write might have a 10% – 15% impact on selling a home, such as picking the right time of year to buy or sell. Even a 10% difference in being able to sell a home is huge. But occupancy, who...


single level home portland real estate ranch

Single Level Homes Sell Faster and for More in Portland – 2020 Report

June 12, 2020

Portland homes come in a dazzling array of styles and layouts, from historic Craftsman bungalows to zero-energy modern homes. But recent sales data makes it pretty clear that Portland home buyers have an architectural favorite: It’s the humble single-level home, also known as ranch style. Singe Level Homes Sell for 19% More per Sq. Ft. According to the most recent RMLS statistics (June 2020), single level homes sold for an average of $289 per square foot, compared to just $235 per square foot for homes with two stories or more (looking at all home sales under 1 million in the previous four months). Single Level Homes Sell 25% Faster Single-level homes also sold more quickly than multi-levels: 36 days on...


What Sells Better: Vacant, Seller, or Tenant Occupied Homes? – 2019 Update

May 10, 2019

Any good real estate agent in Portland will tell you vacant homes sell best (staged or not), followed by seller occupied, and then in last place – tenant occupied homes. But the numbers are so drastic, especially from first to third place, it might surprise you. When you look at these numbers year over year it also gives key insight into the entire Portland real estate market as a whole. Process used: I’m researching this element of the Portland real estate market using data from our local MLS, the RMLS, looking at sold homes from 6 months ago to the writing of this article 5/9/19. My target area is the city of Portland proper and the homes I’m using are...


portland homes sell better vacant

What Sells Better: Vacant, Seller, or Tenant Occupied Homes? 2018 Update

April 23, 2018

As an experienced Portland real estate agent I can tell you that vacant properties (staged or not) sell better than any other status of residential homes in the Portland Metro area. This is followed by seller occupied homes, and dead last is tenant occupied homes. I’m going to give you the full Portland real estate market statistics in this article with some explanation. Numbers are from RMLS, Regional Multiple Listing Service, using all detached residential homes listed for sale in the last six month prior to 4-23-2018. Vacant Portland Homes In the last six months in the Portland real estate market, 2839 vacant homes were listed for sale. Of those, 2221 sold. This means 78% of these properties sold, and...


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What Sells Better: Vacant, Seller, or Tenant Occupied Homes?

April 17, 2017

If you asked any experienced real estate agent, they will most likely tell you that vacant homes sell the best, followed by seller occupied, and then tenant occupied. I also know from my own experience that this is generally true, but I couldn’t find any hard data. So I did the research myself! I ran the data in RMLS for all the Portland (city proper) detached homes that have been put up for sale in the last six months (prior to 4/14/2017). Vacant Portland Homes In the last six months in Portland, 2240 vacant homes were listed for sale. Of those 2240 vacant homes, 1842 actually sold. This gives us a 83% success rate and a 17% failure rate. 17%...