HOW TO ANALYZE HOME SALES TRENDS in Portland, Oregon & the surrounding cities! 🏡🧐📉
Let's discuss how to analyze home sales trends in Portland, Oregon & the surrounding cities. We can see that mortgage interest rates are high,
Housing Inventory is rising,
and the Housing Market may be showing signs of slowing.
So, does this Housing Market activity affect the total number of home sales in Portland, Oregon, and the surrounding cities?
Enter the bar graph for the year-to-date tally, and the number of home sales in 2023 is substantially lower than in the years 2019 to 2022. The most significant is the 6,782 home sale difference between 2021 and 2023. This will be an interesting trend to watch for the remainder of 2023.
See Homes for Sale by Location - No need to search. Results ready-to-go! 🏡🙋♀️
See Homes for Sale by Price - No need to search. Results ready-to-go! 🏡🙋♀️
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. 😃
Take care, Sheryl