March 2013 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending March 31, 2013

The Portland real estate market continued it's strong performance of cutting inventory and increasing prices. Inventory dropped to 3.2 months. The average sales price percent change increased to 7.5%. The average sales price ending March 2013 is $299,000 and when comparing that to the average sales price ending March 2012 is $252,600 that is 18.4% appreciation and a whopping $46,400 of increased value for each homeowner on average. When further comparing last March to this March, closed sale are up 14.2%, pending sale are up 15.7%, new listings are up 4%, average and median sales prices are up 18.4% and 15.9% and the total market time decreased to 112 days or -16.6%. The last time inventory was lower than this was June of 2006 or about 7 years ago.


For the corresponding statistical data for market conditions ending March 31, 2013 click here.

Click on any link below to see any of the previous market condition summaries for Portland residential real estate broken down by month and year:

Real Estate Market Conditions Archive For Portland, Oregon:

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Portland Real Estate
Inventory: 2013
Jan 2013
Feb 2013
Mar 2013
Apr 2013
May 2013
June 2013
July 2013
Aug 2013
Sep 2013
Oct 2013
Nov 2013
Dec 2013

Portland Real Estate
Inventory: By Year
2019
2018 2017 2016
2015 2014 2013
2012 2011 2010
2009 2008