About PDX

PORTLAND METRO - MAY 2022

Residential Highlights New listings (3,853) decreased 3.0% from the 3,971 listed in May 2021, and increased 4.6% from the 3,684 listed in April 2022. Pending sales (3,122) decreased 16.0% from the 3,717 offers accepted in May 2021, and increased 3.9% from the 3,005 offers accepted in April 2022. Closed sales (2,916) decreased 8.4% from the 3,183 closings in May 2021, and increased 4.8% from the 2,782 closings in April 2022.

Inventory and Total Market Time Inventory increased to 1.0 months in May. Total market time decreased to 18 days.

Year-To-Date Summary Comparing the first five months of 2022 to the same period in 2021, new listings (16,205) decreased 3.8%, pending sales (13,588) decreased 8.6%, and closed sales (12,381) decreased 2.8%.

Average and Median Sale Prices Comparing 2022 to 2021 through May, the average sale price has increased 11.2% from $553,500 to $615,600. In the same comparison, the median sale price has increased 12.0% from $490,200 to $549,000.

Information ©RMLS 2022

CLARK COUNTY / VANCOUVER - MAY 2022

Residential Highlights New listings (1,169) increased 10.8% from the 1,055 listed in May 2021, and increased 23.3% from the 948 listed in April 2022. Pending sales (872) decreased 16.1% from the 1,039 offers accepted in May 2021, and increased 8.7% from the 802 offers accepted in April 2022. Closed sales (792) decreased 4.8% from the 832 closings in May 2021, and decreased 1.7% from the 806 closings in April 2022.

Inventory and Total Market Time Inventory increased to 1.0 months in May. Total market time increased to 18 days.

Year-To-Date Summary Comparing the first five months of 2022 to the same period in 2021, new listings (4,728) decreased 0.5%, pending sales (3,944) decreased 8.7%, and closed sales (3,595) decreased 3.0%.

Average and Median Sale Prices Comparing 2022 to 2021 through May, the average sale price has increased 16.8% from $495,800 to $578,900. In the same comparison, the median sale price has increased 19.0% from $441,000 to $525,000.