Sales Slow Down Typical for Fall | Portland Sales Volume Report | October 2015

by | Oct 5, 2015 | How to Guides, Market Reports

Sales Slow Down Typical for Fall

922 homes sold in Portland this September, which is 98 less than August. Home sales have cooled off a bit this month as the average and median prices hold just below all-time highs.

Wild cards: As prices rise, more buyers are priced out of the market which could slow the pace of sales. Interest rates remain low. Inventory continues to drop due to strong buyer activity.

I’m predicting around 850 closed sales in Portland (RMLS areas 141, 142, 143 & 148) in October.




Learning Center:

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

Start Your Search Today

For a Confidential Meeting contact:

Nick Krautter, CCIM

Principal Broker in Oregon/President

Managing Broker in Washington