Portland Real Estate Market: Strong End to Summer
September 28, 2013
By all accounts in the real estate business, it was a successful summer in Portland. The August RMLS report for the Portland real estate market paints the picture in numbers: In August alone, 2,623 buyers closed on the perfect home – and, as it usually goes in the summer – there were even more closed sales in the previous two months. Home sellers were busy too, getting 3,423 new listings on the market this August. Overall, looking at the average and median sales prices for a Portland home from the beginning of the year to August, prices are up by around 15% compared to last year. The Portland real estate market usually winds down in August and September, so it’s...