VERY LATEST REAL ESTATE NUMBERS & STATS!!
-According to our local RMLS inventory of available homes has significantly decreased. In March 2015 there was a 1.9 month supply of homes, this is below the 6 month supply that many real estate professionals consider normal. This is also the lowest inventory we have seen since September 2005.
-Conversely according to the Realtors Multiple Listing Service (RMLS), Portland-Metro area home sales rose 7.1 percent in February 2015 from March 2015.
-Additionally the total market time has decreased in March 2015 to 75 days for our Portland-Metro areas.
I am sharing this information with you because inventory in [city or neighborhood] is low, and I am hearing from agents and prospective buyers that they just can’t find what they are looking for.
If you’ve thought about selling please give me a call. I’d love to visit with you for a no obligation and no pressure consultation