BUYERS - IS THIS GOOD NEWS?
What’s Happening in Portland Real Estate (and Why It’s Good News for Buyers)
Spring is in full swing, and the Portland market is starting to show signs of change - in a good way! Aryne just put together a quick video with all the details but here’s the high-level scoop:
Active listings are up nearly 28% from this time last year
New listings have increased by 8%
Pending sales are down just slightly, about 2.5% year over year
Homes are spending an average of 85 days on market (but the median is just 35, so the good ones are still going fast)
Average sale price is down 4.5% from last year, but up 3.6% from last month
Thinking about making a move?
At the Dream Digs Team, we’ve got you. We’ll set you up with a smart search strategy, connect you with a great lender, help you tour homes with a sharp eye, and guide you through offer writing, inspection, and closing with zero pressure. This could be your season. Let’s talk.
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About Us: The Dream Digs Team, lead by Aryne Blumklotz and Dulcinea Myers-Newcomb includes: Jen Barefield, Operations Manager, and Iris Ireland, Transaction Coordinator. We pride ourselves on our industry expertise, negotiating skills and sucessful sales. We consistently outperform market averages with closed sales regularly exceeding list prices and selling in under seven days. Whether you’re looking to buy or sell, The Dream Digs Team provides a seamless experience from beginning to end - we are your partners!