2018 Portland Real Estate Year in Review

Here are the highlights on the 2018 Portland Real Estate market:

1: All time high average price of $475,000

2: Average days to sell grows to over two months

3: Highest inventory in the last 3 years: 3.1 months in September

4: Mortgage interest rates jump to over 5% then drop back to 4.75%

5: Most homes for sale in the last three years: 7,082 in September