Portland Inventory Report | October 14, 2011

by | Oct 14, 2011 | How to Guides, Uncategorized

Inventory Remains Balanced

Inventory is currently at 6 months which is balanced. An increase in pending sales and a sharp drop in new listings are creating this lower metro inventory. A balanced market means that there is no specific advantage for buyers or sellers. You’ll see below that inventories in many of the close in areas are below 4 months which is why there are still many multiple offer situations.

This localized home inventory report helps give context to the metro statistics that often make headlines. Real estate is a local affair and this report shows which parts of town and which types of property are selling and which ones are sitting. Inventory is figured in months with 6 months being balanced, less than 6 months favoring sellers and more than 6 months favoring buyers. I use current active listings and 6 months of sold data from the RMLS to create this report.


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