Portland Real Estate Update |
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September 2021 Market Update |
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One of Portland's TOP Real Estate Sales Teams Since 1988 |
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Portland Area MLS Update Through August '21 |
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The latest numbers are out and the MLS report (Click on the image on the right to see the entire seven page PDF) shows continued increase in prices in the Portland area, albeit some slight slowing of the length of time it takes to sell a home with the "inventory in months" now at 1.0 months. Note, the average time for a home to sell is still low at 23 days. The inventory in months is calculated by dividing the active listings at the end of the month by the closed sales for the same month.
The average sales price for the metro area is now at $570,100, up 18.5% from August of 2020 with the median sales price up 14.8% at $487,900 during the same period.
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Rob's Five Housing Predictions for 2022 |
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I've listened to the experts and done my homework and have listed my five predictions for the housing market for 2022. In this video I share lots of charts and graphs and cover where evictions stand, how loan forbearance will affect the market, whether home prices should rise or fall, same with mortgage interest rates, and what millennials gobbling up suburban homes has to do with baby boomers selling them. Please check out the video, and if you like it subscribe to my channel, and share the video, or this entire newsletter too! |
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Time for a Home or Condo in the Desert? |
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As many of you know, Rob has been a top selling Portland area Realtor for nearly 33 years now. Many of you don't know that I have been also licensed in California for nearly nine years to help my Portland area clients buy and sell homes and condominiums in the Palm Springs area cities. These cities include Rancho Mirage, Palm Desert, Indio, La Quinta, Indian Wells and Cathedra, Bermuda Dunes and Cathedral City. if you click on the image on the image here it will take you to a full multi page report from CDAR (California Desert Association of Realtors) talking about prices of homes and condos in the entire Coachella Valley. You can also scroll down below to search for homes in the valley. |
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Search ALL Portland Area Homes |
Click on the link below, or the image to search the Portland area MLS for all single family, condo, or multi-family homes in the Portland metro area. The site also includes some pre-defined common searches on the right side, and also always shows the most recent 20 listed properties in the metro area. Be sure to SAVE your search, that way you will always be notified of any new matches as they happen. www.allarealistings.com/
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Search Palm Springs Area Homes |
As many of you know, Rob Levy is also licensed in California with Keller Williams Realty and sells investment and vacation homes to many of his Portland area clients. You can check out all the homes and condos in the Coachella valley cities of Palm Springs, Cathedral City, Rancho Mirage, Palm Desert, Indian Wells, La Quinta, Bermuda Dunes, Sun City and Indio by clicking on the link below or the picture. www.AllDesertListings.com
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Thanks for checking out this newsletter, and thanks for supporting our real estate team for all these years. Many of you have reached out to me to talk about your real estate concerns. I love catching up with my clients and welcome your calls. Stay safe , ROB LEVY and CAITY ABOUAF
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Give Us a Call
(503) 906-1444
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Now More Than Ever, Experience Matters |
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The Rob Levy Team, Rob Levy Principal Broker and Caity Abouaf, Broker
Keller Williams Realty Professionals / Main Office (503) 546-9955
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