How is COVID-19 affecting the Portland Real Estate market?

by | Mar 27, 2020 | Blog

Over the next few weeks, we will be tracking and providing updates on the effect of COVID-19 on the Portland Real Estate Market

Weekly Number of Active, Pending, and Sold Homes Over Time

Weekly Number of Median and Average Price of Sold Homes Over Time

This report looks at weekly active, pending, sold data for Portland Oregon in the RMLS to show current monthly inventory based on both pending to sold ratios and also active to sold ratios. The report also shows absorbtion rate based on active and sold homes.

This report is meant to track the weekly effect of the COVID-19 and subsequent business, government and school shutdown on the Portland real estate market. Red indicates weeks where Multnomah County was effectively closed. Yellow indicates the weeks Multnomah County is/was in Phase 1 of reopening.

Have more questions about the current market conditions? Give me a call.

Nick Krautter, CCIM
City and State Real Estate
35 NE Weidler, Portland OR 97232

503.901.8100 call or text
cityandstatere.com

Oregon Principal Broker License: 200601292
Washington Managing Broker License: 26937

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