Join Trent Werner as he reviews the Portland Metro Area's May market.
Highlights include:
▪ Total active listings - 3,376
▪ New listings - 3,971 (higher than 2020)
▪ Pending sales - 3,717
▪ Closed sales - went up at 3,183
▪ Average sale price: $553,500
▪ Median sale price $490,200
▪ Total Market time - decreased by 5 to 22 days
▪ Inventory - lowest at 0.7 (seller's market)
▪ Residential highlights
▪ Multifamily Statistics