About a month ago I ran the same report for Multnomah county real estate active listings.  This month, the report shows an increase in listings to 5,129 from 4,804.  The number of listings in the market is one of the two components that make the the “Inventory” ratio reported monthly by RMLS.  The Areas are the geographic areas within Multnomah county as defined by RMLS.  I’ll write up February’s Market Action it is released. We’re seeing a lot more market activity in our business in the last couple of weeks but as inventory is a ratio of closed sales, that may not reflect this month.