March real estate activity numbers are in for Portland Metro home sales.
Below is a summary of the report from the Portland Association of Realtors.
The most recent data is actually pretty promising. From February to March we saw increases in Median and Average sales prices. We saw an increase in listings too. But based on all the new pendings and closed sales, we were able to see a significant decrease in inventory! The decline was seasonally normal, however, it managed to be the lowest March inventory for the last 3 years.
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