What’s selling in Portland? This morning’s search shows the active listings and pending listings in Portland. I used our proprietary Client Connect search software that feeds from RMLS.
Total real estate listings in Portland: Active 5835/1158 pending = 19.8%
$0-$199,999: 1542 active/307 pending = 19.9%
$200,000 – $399,000: 2589 active/551 pending = 21.3%
$400,000 – $599,000: active: 887 active/pending 187 = 21.1%
$600,000 – $799,000: active 316/pending 55 = 17.4%
$800,000 – $999,000: active 152 active/pending 20 = 13.2%
$1,000,000 and up: 188 active/pending 16 = 8.5%
It doesn’t show anything revolutionary but is a good reminder that breaking down market segments is important. We’ve been saying that the $600k-$800k market had at least picked up for us and this seems to confirm that statistically.
2 Comments on “What’s Selling in Portland?”
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By not totaling, you’ve inflated all the percentages.
Tim, you are right. I will revise.