There is a definite sense that things are picking up right now in Portland. I took a look at the numbers and, Wow! Pending sales of detached homes are up 107% in March over February. Buyers are coming out of the woodworks and multiple offers are becoming common again.

Here is a Breakdown of Pending sales of Detached homes in March [actual numbers exceeded projections!]

NE: Feb 79 – Mar 158
SE: Feb 102 – Mar 215
N: Feb 38 – Mar 89
W: Feb 45 – Mar 104

Totals:
Feb 264 – Mar 566

Percent increase = 114%