How Many Days to Sell a Home

Stephen FitzMaurice, Realtor licensed since 2003, writes an annual report on the average amount of days, the time it takes to sell a home in the greater Portland metro area.

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Stephen FitzMaurice, Realtor
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how long to sell a home

How Long Does it Take to Sell a Home in Portland, Oregon?

September 7, 2022

If this report was from quarter one of 2022, it might feel like one weekend, or just a few days. However, inventory is always the highest in the fall in Portland, and combine that with rising interest rates, and the average number of days it takes to sell a home in Portland, Oregon right now is pretty high. Homes in the Fall and Winter take Longer to Sell During the best time of the year to sell a home (March – May) days on market is always pretty low. But during the seasonally best time of the year to buy a home (July through September) inventory is high and days on market get longer. Average Numbers of Days to Sell...

how many days to sell a home

How Many Days to Sell a Home in 2021?

July 19, 2021

In case you haven’t already heard, 2021 is a great year to sell a home in the Portland real estate market! But just in case you’ve been living under a real estate rock, here’s a quick catch up. Inventory has been hovering at a notorious low, because homes are selling faster than new listings come up. Now, typically the real estate market starts slowing by late summer and continues to cool off into the fall and winter months. So what we’re looking at below (RMLS report), covering through the end of June 2021, should represent the fastest time of year to sell a home: As you can see, the ratio of active listings to sold properties dipped below 1 to...

How Long to Sell My Portland Home? – 2019 Update

August 9, 2019

Longer than you’d think! The average days it takes a home before it receives an accepted offer on the Portland real estate market and goes pending is charted by RMLS, our local multiple listing service. The below picture shows how many days on average it has taken for the last five years to get an accepted offer on a Portland home in our real estate market. This snapshot was taking in June of each year for comparison. You’ll notice in the above chart that even when the Portland real estate market was the absolute hottest (2016) the average time it took to sell a home was about one month. Right now that has turned into a month and a half...

how long to sell home portland real estate

How long does it take to sell a home in Portland? 2018 Update

July 20, 2018

The answer is probably a lot longer than you think and with the Portland real estate market cooling, that number is about to get a lot longer, likely increasing each year for the next few years. Before I get to the answer of how long it takes to sell a home in Portland, I’d like to quickly mention that these are not my performance numbers, my top 1% selling team typically averages about half the local real estate market time to sell a home. These numbers are from RMLS, our local multiple listing service that covers the entire Portland metro area and produces some amazing reports for real estate agents and others. Also, when I say the average time to...

average time to sell a home

How long does it take to sell a home in Portland?

July 14, 2017

How long to sell a home in Portland? The answer is probably a lot longer than you think. Before I get into the answer, I’d like to quickly mention that we beat the local averages. These are not my numbers, the numbers in this article are averages for all the home sales in the metro, using all the different Portland real estate agents out there. Average time to sell a home in the Portland metro in 2017. January: 58 days February: 62 days March: 58 days April: 42 days May: 39 days June: 38 days Now when we say average time to sell a home, we are counting the days from the first day of the listing to the day...