Breaking Stories

Portland Real Estate in June: Sales Up 28% YoY, Inventory Down 34% YoY

by Calculated Risk on 7/09/2021 04:17:00 PM

Note: Remember sales were weak in April and May 2020 due to the pandemic. I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

For Portland, OR:

Closed sales in June 2021 were 3,477, up 28.3% from 2,709 in June 2020.

Active Residential Listings in June 2021 were 2,722, down 33.8% from 4,109 in June 2020.

Inventory in June was up 16.4% from last month.

Months of Supply was 0.8 Months in June 2021, compared to 1.5 Months in June 2020.

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