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  • Writer's pictureSheryl Lyons

NORTH PORTLAND OREGON HOMES SELLING IN 23 DAYS: Harnessing the power of market trends! 🏡😳



North Portland Oregon homes are selling at a median speed of 23 days and have remained over the 10-day marker since August 2023. The housing market trends suggest the market will stay slower as we head into year-end and speed back up around February 2024. If you're thinking about buying a home in North Portland, now is the time to do it. If you're thinking about selling a home in North Portland, you may want to wait until March 2024 when the market trends suggest the housing market will be faster and more in favor of home sellers.


Here's an excellent tip if you're buying a home or selling a home: Days-on-Market (DOM) is a critically important market trend because it instantly tells you the housing market's speed and the speed of the housing market tells you everything you need to know as a home buyer or home seller. If the location has a consistent DOM under 10 days, it's a fast-moving housing market with bidding wars and rising prices, also known as a seller's market. As the DOM increases above the 10-day mark towards the 20s or 30s, you can expect a slower housing market with less competition and the ability to negotiate prices, also known as a buyer's market.


See Homes for Sale by Location - No need to search. Results ready-to-go! 🏡🙋‍♀️

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See Homes for Sale by Price - No need to search. Results ready-to-go! 🏡🙋

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Get Your FREE MONTHLY HOME VALUE REPORT 🏡

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Speed of North Portland Home Sales - November 2020 to November 2023

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