VIDEO: High-End Market Trends Explained

by | Jun 6, 2017 | Media Center, Video

There’s pull-back in Portland’s high-end real estate – what does it mean for the rest of the market?

Nick Krautter, Principal Broker in Oregon for the SellPDX Team, made a presentation at the Keller Williams Portland Central office today looking at a curious market trend.

Right now, the average house in Portland sells in only six days. The average house priced over $800k, though, takes sixty days. The average sold price per square foot is also going down, with about 2.5% reduction in just the last month.

There’s some pull-back in the high-end market in Portland, with some decline visible month-over-month. What does this indicate for the rest of the market? Watch Nick’s Facebook Live recap of his presentation above for more.

Want to take a closer look at the report? Read the report here: High-End Market Trends Explained PDF

Have more questions? Contact us

0 Comments

Learning Center:

Advice, Opinions, and Market Reports about the Oregon and Washington Real Estate Market

CDC’s COVID-19 Eviction Moratorium

CDC’s COVID-19 Eviction Moratorium

In an effort to prevent the spread of COVID-19, CDC Director Dr. Robert Redfield signed a declaration determining that the evictions of tenants could be detrimental to public health control measures to slow the spread of SARS-Cov-2, the virus that causes COVID-19. ...

Start Your Search Today

For a Confidential Meeting contact:

Nick Krautter, CCIM

Principal Broker in Oregon/President

Managing Broker in Washington