The latest report on Portland area home sales was recently released. The good news continues, as it reveals a strong regional housing market. And while our inventory of homes has increased a bit, we still remain in what many consider a â€˜sellerâ€™s marketâ€™ where competition among buyers is keen.
The average Portland metro area home sale price is now $310,000. This is up 13.9 % over the past year. This new report covers many communities throughout greater Portland, so figures in your area may vary.