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  • Writer's pictureSheryl Lyons

10% DECREASE in NE PORTLAND HOME SALES: What you should know!🏡📉



There were 122 home sales in NE Portland in December 2023, which is 10% less than the 135 home sales in December 2022. This is positive housing market news for NE Portland home buyers. Additionally, the 122 home sales in December 2023 represent a 52% decrease in the NE Portland housing market from the four-year December high of 255 home sales in December 2021. It will be interesting to watch how much of this activity is driven by mortgage interest rates as we progress through 2024.


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NE Portland Home Sales - December 2022 to December 2023

NE Portland Home Sales - December 2020 to December 2023

Mortgage Interest Rates - 30 Yr Fixed - December 2019 to December 2023

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