Portland Real Estate Continues to Improve!

Things continue to brighten in Portland-Metro’s real estate market. Comparing real estate activity from May of 2011 with May of 2012 almost all areas show improvement! Of importance, accepted offers rose 16.4% which represents the highest number of pending sales since 2007. Closed sales increased 20.4% and unsold inventory is also the lowest it has been since 2007. There is also good news on the home sales price measurements! The median sales price rose 6.6% when compared with May of last year and the average sales price has also risen 7.2%. This is a great time to buy or sell a home! Contact us today to learn how you can get in on the action! craig@craigreger.com or 503.893.2022 . *Statistics from RMLS