Category Archives: gresham homes

Most current RE stats for Portland-Metro

May Market Report Portland 2018

May Residential Highlights
New listings made some gains this May in the Portland metro area. At 4,665, new listings outpaced May 2017 (4,388) by 6.3% and rose 16.9% from last month in April 2018 (3,990). This was the strongest May for new listings since 2008, when 5,182 were offered in the month. Closed sales (2,803) fell 3.2% short of the 2,896 closings recorded last year in May 2017 but showed a 11.1% increase from last month in April 2018 (2,523). Pending sales (3,201) fared similarly, decreasing 6.8% from May 2017 (3,435) but rising 6.4% from April 2018 (3,008). Inventory in the Portland metro area remained unchanged in May. During the same time, total market time decreased by five days to end at 37 days.

Year to Date Summary
Activity so far in 2018 is a little mixed compared to 2017. New listings (17,506) are up 4.9%. Closed sales (11,492) are down 0.2%, and pending sales (13,360) are down 0.8%.

Average and Median Sale Prices
Comparing 2018 to 2017 through May of each year, the average sale price rose 5.9% from $423,800 to $448,600. In the same comparison, the median sale price rose 8.0% from $370,000 to $399,500.May Residential Highlights
New listings made some gains this May in the Portland metro area. At 4,665, new listings outpaced May 2017 (4,388) by 6.3% and rose 16.9% from last month in April 2018 (3,990). This was the strongest May for new listings since 2008, when 5,182 were offered in the month. Closed sales (2,803) fell 3.2% short of the 2,896 closings recorded last year in May 2017 but showed a 11.1% increase from last month in April 2018 (2,523). Pending sales (3,201) fared similarly, decreasing 6.8% from May 2017 (3,435) but rising 6.4% from April 2018 (3,008). Inventory in the Portland metro area remained unchanged in May. During the same time, total market time decreased by five days to end at 37 days.

Year to Date Summary
Activity so far in 2018 is a little mixed compared to 2017. New listings (17,506) are up 4.9%. Closed sales (11,492) are down 0.2%, and pending sales (13,360) are down 0.8%.

Average and Median Sale Prices
Comparing 2018 to 2017 through May of each year, the average sale price rose 5.9% from $423,800 to $448,600. In the same comparison, the median sale price rose 8.0% from $370,000 to $399,500.

If you’ve thought about selling please give Rachel a call for information on your home value, steps it takes to sell and what to expect when you sell and/or buy. She has helped many people successfully sell their home and she can help you too! For more information on the current real estate market and how you fit in it please call, email, or text anytime.

 

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email- rachel@rachelsheller.com

View a current list of ALL available Houses on the market on my website.

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon and Washington

 

 

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Mt Hood home on water , near golf course in gated community. Perfect for vacation rental or year round living. $309,999

RMLS#18647513~$309,999~66461 E Tillicum Spur Welches, OR 97067

This home is in the perfect location for year round Mt. Living or vacation rental. Situated in a private gated community on the Salmon river side channel, and just a short walk to the golf course this home is a real treat. This home sits on .56 Acre and has an Easement that allows for your own personal walking of the Wildwood walking trail. How about that!  Furnace, and electrical panel were replaced in 2016. Whole home remodel in 2006, but could use new carpet now.  Newer water heater, all appliances included. Check out the open floor plan, beamed/vaulted & cedar lined ceiling! Smokin’ deal on the Mt. Agent owned property.

For more photos and virtual tour go to my website.

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Direct 503.380.9634, Email-    homesforyou@frontier.com

View this and ALL available Houses on the market on my website.

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon

 

 

RARE 1 level home in Sellwood! Priced to sell $450,000. RMLS #18584205

1424 SE Lambert Street Portland, OR 97202~$450,000! RMLS #18584205

Immerse yourself in the Sellwood lifestyle! This intimate & cozy home has limitless possibilities with this flowing 1 level floor plan. 3 spacious bedrooms, 2 sparkling clean bathrooms, resilient laminate flooring, 1 car over-sized garage, xtra long driveway (this is HUGE in this location!), PLUS ALL appliances included (Fridge, stove, dishwasher, clothes washer and clothes dryer). Roof, windows, flooring, and water heater replaced in the past 10 years. Cozy covered deck, perfect for year round entertaining,  welcomes you to a rare and wondrous “Zen” like retreat! Walk or bike just about anywhere! Close to everything! Priced to move in this fabulous location!

Can you imagine walking to Sellwood park for swimming in the summer or just playing in the park! Or walk to Oaks park for a day of fun! What about getting bundled up, bring hot chocolate and walking to watch the Christmas ships in the winter? The lifestyle and location just can’t be beat!

Call me or see more info, pics & tour on my website.

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent

Oregon First, Direct 503.380.9634, Email-    homesforyou@frontier.com

View ALL available Houses on the market on my website.

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon

Buying a home will be getting more expensive – buy now!

Buy now

World financial events are conspiring to make it more expensive to borrow money to buy a house. In fact, mortgage interest rates are on the increase, according to BankRate.com, while housing prices continue to rise due to a lack of available properties for sale.

If your credit is good and your job is secure, industry analysts agree that it’s time to make an offer on your new home – the sooner, the better!

Steady economic growth and higher pay are encouraging even more Americans to jump into the already crowded real estate market. And rising interest rates will mean the competition for houses will continue to grow throughout the year.

The time to buy is now! Please call, email, or text when you are ready to get started!

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Direct 503.380.9634, Email-    homesforyou@frontier.com

View ALL available Houses on the market on my website

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon

First-time buyers want your home!

First time homebuyers want your home.

Call or email today. Together we’ll explore the possibilities in our ever-changing real estate market. 

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list ALL available Houses on the market on my website.

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon

Good signs new construction is turning around in 2018!

new construction

For many first-time home buyers, 2017 was tough. It was a year in which many baby boomers stayed put in their larger homes, investors sank money into rental properties, and new construction remained slow. Together, that meant fewer affordable single-family homes especially for those in the market for the very first time.

However, the rest of 2018 is predicted to bring good news. With an increase in building permits submitted at the end of 2017, new construction is expected to increase. According to NerdWallet, the “median estimate has single-family housing starts rising about 8 percent in 2018, to roughly 912,500 new houses.” This means more homes for first-time buyers will be on the market as the year progresses.

If you’re looking for a single-family home, it’s time to talk to call me now. Start the conversation with me early in the year so you can be ready to buy when the time comes. I have information about new construction in your area and can guide you through the process to get you settled into a new home. Call, email, or text anytime!

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Direct 503.380.9634, Email-    homesforyou@frontier.com

View ALL available Houses on the market on my website.

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon

 

 

Whats happening in our Portland-Metro real estate market right now!

Portland March Report 4-14-2018

The very latest Portland Metro Real Estate numbers 4-14-2018. Take a look at the current appreciation schedule (increase in values), median sales prices, and days on the market (DOM) for most of our Portland-Metro areas. Where do you fit? Each neighborhood, in each City may vary from this rate sheet. Actually, they probably do a bit. Not all homes in Oregon City sell for $366,000 as an example. If you would like information on your home value, selling your home, or buying in one of these areas please call, email, or text. I’m happy to go over all this and what it means to you!

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Direct 503.380.9634, Email- homesforyou@frontier.com

View ALL available Houses on the market on my website

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon