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  • Writer's pictureSheryl Lyons

ARE HOME SALES SLOWING in Portland, Oregon & the surrounding cities? ๐Ÿก๐Ÿง



Homes Sales in Portland, Oregon & the surrounding cities are considerably lower than in previous years, but they have been growing steadily since January 2023, until now.

Homes Sold Trend - July 2022 to July 2023 - Portland OR & surrounding cities

Compared to 2019 to 2022, we can see that the 7,689 homes sold YTD in 2023 are:

  • 2,299 homes less than in 2019

  • 3,195 homes less than in 2020

  • 5,175 homes less than in 2021

  • 3,504 homes less than in 2022


Homes Sold Bar Graphs - YTD July 2019 to July 2023 - Portland OR & surrounding cities

So what does this tell us? The trends tell us the Housing Market may be slowing earlier than expected. The number of Homes Sold was already down in 2023 compared to previous years. It's hard to tell how much more of an effect this Housing Market activity will have on the total number of Homes Sold, but it will be an interesting trend to watch!


Mortgage Interest Rates - July 2020 to July 2023

Housing Inventory Trends - July 2022 to July 2023 - Portland OR & surrounding cities

Speed of Housing Market - July 2022 to July 2023 - Portland OR & surrounding cities

See Homes for Sale by Location - No need to search. Results ready-to-go! ๐Ÿก๐Ÿ™‹โ€โ™€๏ธ

๐Ÿ‘‰ CLICK HERE


See Homes for Sale by Price - No need to search. Results ready-to-go! ๐Ÿก๐Ÿ™‹โ€โ™€๏ธ

๐Ÿ‘‰ CLICK HERE


This video is part of a series called Trend Watch, where I create a set of videos featuring the most critical Housing Market trends and run them every month so that you can understand how trends work and watch the changes month by month.


I hope you find this information helpful.


Please remember I'm always here for any questions. ๐Ÿ˜ƒ


Take care, Sheryl

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