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Portland Real Estate Listing Inventory

Yesterday’s post was about the Portland Metro RMLS Market Action report for January.  Last April I started tracking how the five RMLS areas that make up the City of Portland track compared to the five country Portland Metro area that the report covers.  City inventory is 10.0 months compared to Metro’s 11.3.  “West Portland” which includes both SW and closer in NW Portland took a huge hike from 6.7 to 13.1 months.  Closed sales for the area dropped from 196 in December to 101 in January.  Overall City closed sales dropped from 683 to 428.  North Portland has the lowest listing inventory.

Portland RMLS Inventory Jan 2011

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