Tag Archives: Portland metro


I hope this finds you healthy staying positive and not too stir crazy in the midst of this crisis. Many of you have reached out to me to talk about how the Covid-19 pandemic is affecting the real estate market so I thought I would start sharing local market data, as well as my professional experience in the day to day real estate world with you.

Overall, the number of listings coming on the market was increasing up until about mid-March, since then new listings have slowed a bit. Real estate is still considered an “essential” business and we are still showing homes under a strict code of conduct to ensure safety and health for all parties involved. Title companies are doing remote signings and one on one appointments with social distancing guidelines in place for signings requiring notaries.

There are still buyers and sellers actively pursuing real estate. In fact, 347 homes went pending last week (3/30/20-4/6/2020) in the Portland-Metro areas:

N, NE, SE Portland-98 last week

Gresham, Troutdale, Corbett and Sandy-29 last wee

Milwaukie, Gladstone, HV, Clackamas, Damascus, and Estacada-28 last week

Oregon City, Beavercreek, Canby, Molalla, and Mulino-28 last week

LO and West Linn-12 last week

All remaining areas-151 sale pending’s last week.

As a full time real estate broker of 24 years, I have been through many market changes and have weathered many Real Estate storms, including the boom of the early 2000’s, 9-11, the great economic recession of 2008, as well as the hot & fast appreciating market of the last 5-6 years. I have the experience, extensive skills, “know how” and expansive resources to help you through this changing time.  I have no crystal ball, but what I do know is these changes are temporary and can shift a market in a way that can create a lot of opportunity.

Let’s stay in touch through this and I’ll keep you posted with what’s happening!

Always feel free to call, text or email me!


Five Star award Winner 2011- 2020 honoring the top 7% of real estate professionals in Oregon.  

Rachel Sheller, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker,

MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First- Principal Broker, Washington First-Managing Broker

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website 

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

9 Ways homeowners can save on utility costs

  1. Wash full loads of dishes and clothes.
  2. Air-dry dishes, sheets and lightweight clothing, whenever possible.
  3. Use timers and motion sensors to turn lights off and on.
  4. Lower the temperature on your hot water heater to 120°
  5. Use weatherstripping and caulking around doors and windows to prevent drafts.
  6. Regularly replace HVAC filters, and have a licensed professional inspect your heating and cooling systems twice a year.
  7. Use spray foam insulation to seal gaps around pipes, chimneys, lights, windows, and brickwork.
  8. Invest in a programmable thermostat to conserve resources and money.
  9. As they burn out, replace incandescent bulbs with energy-efficient LEDs or CFLs.

In addition, contact your utility company and ask if they offer a free home energy audit. According to AmericaSaves.org, energy lost from a basement, unfinished room, attic, or garage can be an expensive waste of money. Sealing leaky ductwork can provide additional savings.


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

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

Direct 503.380.9634, Email-    homesforyou@frontier.com

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

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!

The very latest real estate numbers & stats for Portland-Metro as of 2-15-2018

The first month of 2018 is in the books! The real estate numbers look pretty darn good! Take a look at the graphs. there are three that give different , and the most CURRENT information on our Portland-Metro real estate market.

Inventory rose a bit in January, ending at 2.2 months. 2.2 months is still a low number. Ideally, we want months of inventory to be around 5-7. This just means we are in  a sellers market still. Anything under 6 months of inventory is a Seller’s market.  During the same period, total market time increased by five days to end at 60 days. This in conjunction with the low inventory send a signal that possibly we will see more homes on the market soon.

We are seeing, on average, +7.6% appreciation in homes. That is a very good number. Where else can you get +7.6% growth, on average, just by living in your home, having a rental, or holding property? The median appreciation is even higher at +8.6%! I’m a big advocate for home ownership. It’s just a win, win, win all around for YOU!

Finally, take a look at the graph that breaks down the different Portland-Metro locations and their individual stats! Days on the market, appreciation schedule, average sales price, etc.  We are seeing POSITIVE appreciation in all areas. the highest is Mt. Hood at 16.2% and the least is West Portland at 3.2%. Take a look at the areas that you live or are interested in. Each neighbor hood also has different appreciation values.

If you would like more information about selling and/or buying ion today’s market, please call, email, or text anytime. I’d love to go over what your home value is, steps it takes to sell, what to do to get ready to sell, and what to expect when you sell ans/or buy. I’ve helped many people be successful and I can help you too!

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


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.

Licensed in the State of Oregon