PORTLAND METRO - February 2023
New Listings New listings (1,764) decreased 31.4% from the 2,571 listed in February 2022, and decreased 9.0% from the 1,938 listed in January 2023.
Pending Sales Pending sales (1,703) decreased 30.5% from the 2,452 offers accepted in February 2022, and decreased 3.8% from the 1,771 offers accepted in January 2023.
Closed Sales Closed sales (1,434) decreased 26.0% from the 1,939 closings in February 2022, and increased 31.8% from the 1,088 closings in January 2023.
Inventory and Time on Market Inventory decreased to 1.9 months in February. Total market time increased to 71 days.
Year-to-Date Summary Comparing the first two months of 2023 to the same period in 2022, new listings (3,727) decreased 24.1%, pending sales (3,396) decreased 27.3%, and closed sales (2,537) decreased 33.8%.
Average and Median Sale Prices Comparing 2023 to 2022 through February, the average sale price has decreased 5.3% from $584,100 to $553,300. In the same comparison, the median sale price has decreased 3.7% from $519,100 to $500,000.
Information ©RMLS 2023
SW WASHINGTON - February 2023
New Listings New listings (461) decreased 45.2% from the 842 listed in February 2022, and decreased 13.8% from the 535 listed in January 2023.
Pending Sales Pending sales (500) decreased 34.0% from the 758 offers accepted in February 2022, and decreased 2.0% from the 510 offers accepted in January 2023.
Closed Sales Closed sales (388) decreased 31.6% from the 567 closings in February 2022, and increased 22.4% from the 317 closings in January 2023.
Inventory and Time on Market Inventory decreased to 1.8 months in February. Total market time increased to 72 days.
Year-to-Date Summary Comparing the first two months of 2023 to the same period in 2022, new listings (998) decreased 35.3%, pending sales (999) decreased 30.1%, and closed sales (716) decreased 36.1%.
Average and Median Sale Prices Comparing 2023 to 2022 through February, the average sale price has decreased 1.5% from $560,200 to $552,000. In the same comparison, the median sale price has decreased 1.2% from $506,000 to $499,900.
Information ©RMLS 2023
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