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  • Writer's pictureSheryl Lyons

26% INCREASE in NW PORTLAND HOME SALES: What you should know!🏡📈



There were 78 home sales in NW Portland in January 2024, which is 26% more than the 62 home sales in January 2023. This is positive housing market news for NW Portland home sellers. However, it must be noted that the 78 home sales in January 2024 represent a 42% decrease in the NW Portland housing market from the four-year January high of 134 home sales in January 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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NW Portland Home Sales - Jan 2024 vs Jan 2023

NW Portland Home Sales - Jan 2024 vs Jan 2021

Mortgage Interest Rates - 30 Yr Fixed - Jan 2020 to 2024

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