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RMLS Inventory in Review

When RMLS Market Action was released this afternoon the first thing I noticed was that December’s inventory is the lowest shown on the graphic.  The write-up doesn’t help as it just says it, “is the lowest in months.”  …

RMLS Inventory- How Low Can It Go?

RMLS Market Action for October 2012 was released yesterday and inventory has dropped even further to 3.8 months. 2012 has seen fewer new listing than 2011 but an increase in closed sales has pushed inventory levels even lower.  …

Jan 2015 RMLS Portland Market Action Shows Increased Inventory, Decreased Average Price

The latest RMLS Portland Market Action data was released last week, and our latest infographic is below. Two notable points in this data are the inventory level and the average sales price change. As the infographic notes, there was …

Home Inventory Drops More: RMLS Market Action May 2012

The supply of homes for sale in the Portland market continues to drop according to the RMLS Market Action report released today.  The general convention is that six months of inventory indicates a neutral market but that number …

RMLS Market Action- Low Inventory

RMLS Market Action for March 2012 was released yesterday.  Inventory has dropped to recent low levels at 5.0 months.  The pending and closed sales are up both when compare to last month and last year.  New listings are …

RMLS Reports Lowest Portland Inventory Since June 2007

RMLS has released the year end December 2011 Market Action report.  Portland Metro inventory is 5.3 months.  This is the lowest inventory level since June of 2007 (5.0 months).  Inventory is the ratio of the number of closed …

Local RMLS Portland Inventory

We saw an increase in Portland metro real estate inventory to 11 months in the recently released RMLS Market Action.  For the last few months I’ve been tracking the local Portland RMLS areas as well so that we …

RMLS Market Action January 2009: Portland Inventory Soars

While the snow fell, inventory soared to a record 19.2 months.  The total number of active listings appears to be about the same as it was in January 2008 but the slow in sales (732 in 2009 compared …

RMLS Market Action September 2021

RMLS Market Action for September 2021 was published yesterday.  No massive shifts but some trends that are worth watching.  Once again, inventory ticked up 1/10th of a month.  At this rate, we’ll reach a balanced market some time …

Portland Metro RMLS Market Action

RMLS Market Action Report for August was just released and we aren’t the least bit surprised by the current state of the market. Here are some of the main things we saw in the month of August: The …