SE PORTLAND HOMES SELLING IN 14 DAYS: Everything you need to know! 🏡😳
SE Portland homes are selling at a median speed of 14 days after being at or below the 10-day marker since April 2023. The trends suggest the market will stay slower as we head into year-end and speed back up as we enter the new year.
Days-on-Market (DOM) is a critically important trend because it instantly tells you the speed of the Housing Market, and the speed of the Housing Market tells you everything you need to know as a home buyer or seller. If the location has a consistent DOM under 10 days, it's a fast-moving market with bidding wars and rising prices. As that DOM increases above the 10-day mark towards the 20s or 30s, you can expect a slower market with less competition and the ability to negotiate prices.
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See Homes for Sale by Price - No need to search. Results ready-to-go! 🏡🙋
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