Portland Real Estate Market Update September 2021

Portland Real Estate Market Update September 2021
Anne Stewart

Anne Stewart here, Principal Broker with eXp Realty and here to give you the Portland Real Estate Market Update September 2021 with market stats for August/September 2021. We don’t officially have all the September numbers in just yet, but here’s what we know for a quick snapshot. So here in Portland, our average sales price is $583,600 for an average home. Takes about 23 days on market, give or take. We have exactly one month of inventory. And as far as active listing goes, we’re only at 3000, 3000 for the Tri County area, which is hardly anything, which is why we’re down to one month of inventory. So prices are up. Inventory’s still very low, but those interest rates are hanging low as well. So it’s still a great time to buy and it’s a great time to sell.

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