Portland Real Estate Statistics - September 2021 | Sean Z Becker Real Estate

September 2021 Market Action Report

Real Estate Statistics

September 2021 Market Action Report

RMLS Market Action Report – Portland Real Estate Statistics

September Residential Highlights

New listings (3,760) increased 15.2% from the 3,264 listed in September 2020, and increased 1.7% from the 3,698 listed in August 2021.

Pending sales (3,170) increased 0.6% from the 3,152 offers accepted in September 2020, and decreased 10.3% from the 3,535 offers accepted in August 2021.

Closed sales (3,167) decreased 2.6% from the 3,251 closings in September 2020, and decreased 1.6% from the 3,219 closings in August 2021.

Inventory and Total Market Time

Inventory increased to 1.1 months in September. Total market time increased to 24 days.

Year to Date Summary

Comparing the first nine months of 2021 to the same period in 2020, new listings (33,258) increased 8.3%, pending sales (27,979) increased 9.9%, and closed sales (26,393) increased 14.6%.

Average and Median Sale Prices

Comparing 2021 to 2020 through September, the average sale price has increased 17.5% from $485,200 to $570,200. In the same comparison, the median sale price has increased 16.5% from $433,500 to $505,000.

Read all of the latest Portland real estate market statistics in this month’s RMLS Market Action Report.

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