October 2014 Real Estate Report

Mike Rohrig Market Action Portland

Read all of the data here: October 2014 Portland Metro Real Estate Report

Everything is up. New listings are up. New Pending listings are up, and so are Solds.  And prices are up too by about 7.5%.

The only thing that is down is relative inventory. We have more sales than listed homes leading us to the lowest stretch of inventory in quite a while.

This is great news for sellers and makes life a bit more difficult for buyers.   Though anyone selling during the holiday season has a bit more urgency than the average seller in general.  It’s a large hassle to keep your house in shape and deal with moving during the holidays.