Portland Metro Housing Update - Resale Only
At the start of 2024, Oregon experienced a freeze that not only affected the weather but also delayed the housing market. Now, the market is ready to kick off again and bring forward the listings that were held back in January. The Sales Activity Intensity™ for new resale listings going under contract is at a very strong level up to $1M which represents 93% of the market activity.
SALES ACTIVITY INTENSITY™ SCALE
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Housing Update - Resale Only
KEY MARKET INDICATORS FEBRUARY 2024 (JANUARY RECAP)
It’s all about being Buyer Ready, Day One™ by getting pre-approved and having a buyer consultation with your broker. This will set the foundation for your home purchasing journey so you can act quickly and decisively.
Being Buyer Ready
Source: RMLS. Data is for Resale only. © 2024 John L. Scott Real Estate