Life in Portland

October Portland RMLS Market Stats

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Most areas of the Greater Portland Metro region continue to post price appreciation as well as low inventory. Noteworthy on the report is that the absorption of listings has fallen to 3.8 months of supply. This has spurred a brisk market pace and multiple offers as was experienced in the mid 2000′s…welcomed by sellers and frustrating to buyers this Fall. Click here for the full October RMLS report.