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News & Notes ~ April 2018

Bringing you an inside look at the most current data available on the Portland area. We're up across the board from last year and the previous month with the exception of Pending sales which took a tiny dip from March. Make sure to check out your neighborhood below.

Here you go!

  • According to the RMLS Market Action Report for the Portland Metro Area, April, 2018:
    • There were 3,990 New Listings in April 2018 which was up 6.1% from April of 2017's 3,759, and up 9.4% from the previous month/March of 2018's total of 3,648.
    • At 2,523, April Closed Sales were up 13.7% from April 2017's 3,088, and up 6.4% from the previous month/March 2018's total of 2,371.
    • April's Pending Sales (accepted offers), at 3,008 dropped 2.6% from April of 2017's 3,043, but were up 3.9% from the previous month/March 2018's total of 2,894
    • The Average Sale Price in April of $452,000 was up $23,200 from April 2017's $428,800, and also up from March 2018's $445,900 by $6,100.   

Neighborhoods: April's Average Sale Price + 12-month Appreciation :

  • North Portland:  $428,500               6.0%   (Mar 438,700)
  • NE Portland:  $491,000                     7.6%   (Mar 478,900)
  • SE Portland:  $422,400                      7.7%   (Mar 418,600)
  • Gresham/Troutdale:   $348,400    11.6%  (Mar 356,400)
  • Milwaukie/Clackamas:  $430,200  8.7%   (Mar 423,400)
  • Oregon City/Canby:   $419,300      6.5%   (Mar 396,500)
  • Lake Oswego/West Linn:$630,500 6.6%  (Mar 631,100)
  • West Portland:    $598,800              2.3%   (Mar 597,200)
  • NW Wash County:  $525,700          6.1%   (Mar 550,200)
  • Beaverton/Aloha:     $394,600        9.0%   (Mar 386,000)
  • Tigard/Wilsonville:   $491,900        8.4%   (Mar 456,700)
  • Hillsboro/Forest Grove: $389,700  9.2%  (Mar 403,800)

Peninsula Park Rose Gardens #3 Tourist Attraction in Portland!

We all Love Peninsula Park, and strolling through its fountains, lawns, rose gardens, and little nooks where you can sit quietly and just take in the beauty, read a book, or chat with a friend. The evidence is apparently in, according to the Oregonian, that we're not the only ones in Love w/Peninsula Park!

READ MORE HERE

News & Notes ~ March 2018

During the month of March we see a general pattern of a lowering or slight increase over last year during the same month, and a big increase over the prior month/Feb of 2018 in most all localities.

Here is your look at the most recent data for the entire Portland area:

  • According to the RMLS Market Action Report for the Portland Metro Area, March, 2018:
    • There were 3,648 New Listings in March 2018 which was up 1.2% from March of 2017's 3,604, and up a whopping 44.2% from the previous month/Feb of 2018's total of 2,530.
    • At 2,371, March Closed Sales were down 4.9% from March 2017's 2,494, and up a whopping 31.3% from the previous month/Feb 2018's total of  1,806.
    • March's Pending Sales (accepted offers), at 2,894 dropped 4.9% from March of 2017's 3,043, and increased another whopping 23.8% from the previous month/Feb 2018's total of 2,337
    • The Average Sale Price in March of $445,900 was up $17,500 from March 2017's $428,400, and also up from February 2018's $441,900 by $4,000.   

Neighborhoods: March's Average Sale Price + 12-month Appreciation :

  • North Portland:  $438,700              6.6%   (Feb 418,000)
  • NE Portland:  $478,900                   7.3%   (Feb 462,400)
  • SE Portland:  $418,600                   8.4%   (Feb 418,700)
  • Gresham/Troutdale:   $356,400   12.0%   (Feb 339,400)
  • Milwaukie/Clackamas:  $423,400  9.4%   (Feb 406,100)
  • Oregon City/Canby:   $396,500      6.0%   (Feb 381,200)
  • Lake Oswego/West Linn:$631,100 6.1%   (Feb 706,400)
  • West Portland:    $597,200             3.1%   (Feb 602,500)
  • NW Wash County:  $550,200          7.5%   (Feb 540,100)
  • Beaverton/Aloha:     $386,000        9.1%   (Feb 380,500)
  • Tigard/Wilsonville:   $456,700        7.4%   (Feb 443,600)
  • Hillsboro/Forest Grove: $403,800  9.9%   (Feb 384,600)

News & Notes for Feb 2018

Here is your look at the most recent data for the entire Portland area just below:

  • According to the RMLS Market Action Report for the Portland Metro Area, February, 2018:
    • There were 2,530 New Listings in Feb 2018 which was up .4% from Feb of 2017’s 2,521, and UP  1.8% from Jan of 2018’s total of 2,486.
    • At 1,806, Feb Closed Sales were up 8.2% from Feb 2017’s 1,669, and 10% from the previous month/Jan 2018’s total of  1,628.
    • February’s Pending Sales (accepted offers), at 2,337 dropped 1.4% from Feb of 2017’s 2,369, and increased slightly at 1.1% from the previous month/Jan 2018’s total of 2,311 
    • The Average Sale Price in February of $441,900 was up $37,700 from February 2017’s $404,200, and also up from January 2018’s $436,400 by $5,500.   

Neighborhoods: February’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $418,000              7.6%   (Jan 435,300)
  • NE Portland:  $462,400                   7.3%   (Jan 445,800)
  • SE Portland:  $418,700                   9.1%   (Jan 380,900)
  • Gresham/Troutdale:   $339,400   11.2%   (Jan 351,600)
  • Milwaukie/Clackamas:  $406,100  9.6%   (Jan 424,800)
  • Oregon City/Canby:   $381,200      6.2%   (Jan 408,600)
  • Lake Oswego/West Linn:$706,400 4.8%   (Jan 631,600)
  • West Portland:    $602,500             3.5%   (Jan 609,300)
  • NW Wash County:  $540,100          7.4%   (Jan 538,300)
  • Beaverton/Aloha:     $380,500        8.6%   (Jan 367,600)
  • Tigard/Wilsonville:   $443,600        6.7%   (Jan 428,400)
  • Hillsboro/Forest Grove: $384,600 10.1%   (Jan 390,300)

The Single Most Important Thing

I have people ask me this all the time how to prepare to buy a home... OR they tell me they're sure they *can't* buy a home!  I say: "What's the single most important thing you could do to get ready to buy a house? Even if you think its "down the road"? 
Talk to a *good* lender. They'll take your info, and *not* charge you anything to run your numbers & give you a range of prices (based on what you qualify for *and* how much you prefer to spend on monthly payments), OR an actual plan on what exactly you need to do to work toward getting approved. Contact me. I know people ; ) People I feel good about. People I've vetted. People you can trust with your own individual adventure."

Night Bird

I met this bird on a walk in the neighborhood last night~

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Linda Rossi
Oregon First

2106 NE MLK Jr Blvd.
Portland, OR 97212
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Linda Rossi | Oregon First | Email Linda  |  Call Linda
Irvington Office  |  2106 NE MLK Jr Blvd, Portland, OR  97212
Copyright © 2015. Linda Rossi, All Rights Reserved