Monthly Archives: May 2016

PDX May 2016 Real Estate Market Update

Overview of Portland Market:

Intro

Sellers: Find out the value of your home in today’s market; contact me today for a FREE Home Valuation.

Buyers: Connect with me for a FREE Consult about this market; ask about how you can make your offer stand out!

Mobile App: Monitor the market directly from your smartphone. This GPS-based mobile app is one of the best in the market!

Key Data*

Market Update

In-Depth Data*

  • Closings and Accepted Offers: It was below last year’s April but 1.8% ahead of March 2016.

Closed Sales

  • New Listings: There’s an uptick in the number of new listings; it rose 19.7% above the new listings offered last month.

New Listings

  • Active Listings: There were 3,721 active residential listings in the Portland metro area at the end of April 2016.

Active Residential Listings

  • Days On Market: Total Days on Market went down to 43 days.

Days On Market

  • Average Sale Price: The average sale price of a home in the area is at $365,100 which is an 8.7% increase year-over-year.

Sale Price

  • Inventory: The current home inventory is at 1.4 months! A balanced market offers a 5 to 6 months inventory. This is still seller’s market.

Inventory

*Source: RMLS Market Action (April 2016 Reporting Period; published in May 2016)

 

Marie Conser Broker John L Scott Sunset CorridorMy name is Marie Conser and I help people buy, sell and invest in real estate in the Portland Metro area. I specialize in the residential real estate market in West Portland, particularly: Cedar Mill, Oak Hills, Bethany, Rock Creek, Forest Heights, Beaverton and Hillsboro. Whether buying or selling, be it your first home, your last home, or building your investment portfolio, I can’t wait to help you achieve your goals.
Call, text or email me at marieconser@johnlscott.com today to start making your real estate dreams reality!

#PdxRealEstate #PdxRealtor #Whatsmyhouseworth #SellNow #HireaPro

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5 Ideas for Mother’s Day 2016 In PDX

What will you do to celebrate the Mothers in your life?

Here are some ideas:

  1. For the foodie mom: Mother’s Day Brunch @ 23 Hoyt

Enjoy a 3-course menu to celebrate mom – Yum!  Reservation is recommended.

2. For the active mom: Run Mama Run

A light breakfast will get you started, followed by a fun kids’ run and then a 10k or 5k walk/run.  You will end this event with a brunch.  All starting at 8:30am at Mt Tabor Park.

3.  For the adventure mom: Mother’s Day Dinner Cruise

Although the brunch is sold out, there are seats available for dinner. Take her for an unforgettable cruise on the Portland Spirit or the Columbia Gorge Sternwheeler.  Reservation recommended!

4. For the musical mom: James and the Giant Peach

The Oregon Children’s Theater takes this beloved Roald Dahl’s classic to the stage in a musical way. Tickets available now!

My special celebration of Mother’s Day will be one of these events… Can you guess which one?  I can’t wait!  It will be fun!

 

Marie Conser Broker John L Scott Sunset CorridorMy name is Marie Conser and I help people buy, sell and invest in real estate in the Portland Metro area. I specialize in the residential real estate market in West Portland, particularly: Cedar Mill, Oak Hills, Bethany, Rock Creek, Forest Heights, Beaverton and Hillsboro. Whether buying or selling, be it your first home, your last home, or building your investment portfolio, I can’t wait to help you achieve your goals.

Call, text 503-459-2726 or email me at marieconser@johnlscott.com today to start making your real estate dreams reality!