Portland, Oregon Real Estate Market, June 2023 Report
May 26, 2023
The spring housing market likely hit its final peak in May as buyer traffic grew and inventory remained low. June will likely be a slightly slower month than May as inventory starts to climb. So far this year is staying within normal season cycles where the spring is the best time to sell and the fall is the best time to buy. June will still be a good month to sell, just not as strong for sellers as May. Housing Inventory is Low while Buyer Traffic is High Traffic from our last report was hovering in the 19,000 a week range, and has since increased to the 20,000 range in May. Buyer Traffic has Warmed up Above are weekly buyer...