Portland, Oregon Housing Update – April 2017

The Portland metro area saw some mixed real estate activity this April. New listings fared 4.3% better than last month in March 2017 but fell 7.9% short of the 4,082 new listings offered last year in April 2016.

Similarly, pending sales were 10.0% cooler than in April 2016 but showed a modest 1.5% gain over last month in March 2017.

Inventory crawled upward in April, ending at 1.7 months. Total market time decreased, ending at 42 days.

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