Current & Local Real Estate Market Conditions

 

Luxury Market Analysis SW Portland Metro – Part 1

In this report we seek to understand the recovery of the high-end residential market place for the SW Portland. This analysis focuses on Yamhill County’s neighbors to the east, a harbinger of what is to come for our area. What we call Area 151 contains data from Tigard down to North Marian County (including Aurora) […]

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It’s Time for Action – Market Action Report for January 2016

Clients and Friends. THE GOOD NEWS… With this report, we are charting what is expected to be a very good year for real estate sales in the Portland metroplex, and particularly in Yamhill County. Inventory is very low because of strong sales volume, but new listings in January were as strong as they have been […]

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Market Action Reports & Year-End Analysis

Wow, it has been raining a lot! We get asked by out of state clients about the rain here in Oregon and we tell them the truth. However, this year the weather is making us look like liars! The Portland metroplex in December and for 2015 achieved the highest volume of real estate sales on […]

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Winter Report on the Portland Area Real Estate Market

The real estate markets in our area delivered a very nice Christmas present to us this year. Year-to-year comparisons with 2014 (a decent year of recovery) show dramatic changes for the better. While we have nothing to complain about by comparison with the great famine years which began in 2007, this month’s reports show some […]

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Fall 2015 Season Sales are Brisk, Consistent, and Predictable

While we are experiencing the normal annual cycle with gently slowing sales during the fall and winter months, we can now conclude that we are not going to experience the sharp setbacks we have seen during the latter months of the previous few years. Those months saw sellers lowering their prices and negotiating more aggressively […]

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September Dip Still Sets a September Record

September Dip Still Sets a September Record

Clients and Friends, This email is primarily about the September reports but I have included the main August report which I missed last month. The return to normalcy in our local markets this year meant that we could take a good vacation and take time out from working our business to catch-up on work at […]

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Summer Real Estate Market Soars, Prices Still Affordable

Clients and Friends, The market conditions in the greater Portland area continue to defy gravity, setting new record highs for the Regional Multiple Listing Service. Particularly in Portland, we have left the top of the market far behind. July improvements over last July range from 25% and 30% everywhere, even in Yamhill County. We are […]

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Positive and Promising Sales Figures – June Market Action Report

All of the real estate sales numbers throughout the Portland Metro area including Yamhill County are positive again. The Closed Sales graph shows that the trajectory of the year remains strong and well above the last 5 years. Most notably, there is currently only 1.6 months of inventory at the current rate of sales. Improvements […]

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Rising Home Prices in Yamhill County – May Market Action Report

Rising Home Prices in Yamhill County – May Market Action Report

The May Market Action Report tells us that average and median sale prices have risen above the top-of-the-market prices in mid-2007 (reporting figures for Portland metropolitan including Yamhill County). Portland again is very expensive and demand from people moving to Portland from out of state is driving the pricing sky-high right now. However, remember that […]

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It’s Officially a “Seller’s Market”… April 2015 Real Estate Market Action Report

It’s Officially a “Seller’s Market”… April 2015 Real Estate Market Action Report

Clients and Friends, Good news again! If you are a seller in Yamhill County, we are officially a ‘seller’s market’ for the first time in 8 years! We have 3.3 months of inventory. Remember, this is an average for a massive county; local conditions can vary, but this has been a long time coming. Sellers […]

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