Tag Archives: #rachel’s blog

Portland-Metro Real Estate Stats 10/2019

Monthly Local Market Report

How’s The Market?

Below is an excerpt from the Regional Multiple Listing Service’s most recent “Market Action” report that comes out monthly and is e-mailed to all member Realtors. This is data specific to the Portland Metro Area market.

September Residential Highlights

Pending and closed sales saw gains this month in the Portland metro area, compared with September 2018. Pending sales (2,686) rose 8.7% over the 2,471 offers accepted in September 2018, falling 8.3% short of the 2,929 offers accepted last month in August 2019.

Closed sales (2,377) fared similarly, rising 4.6% from the 2,272 closings recorded last year in September 2018 but showing cooling of 18.1% compared with the 2,901 closings recorded last month
in August 2019.

New listings, at 3,470, decreased 3.8% from September 2018 (3,606) and 7.6% from August 2019 (3,757).

Inventory increased slightly to 2.8 months this September, while total market time rose by four days to land at 52 days.

Average and Median Sale Prices

Comparing 2019 to 2018 through September, the average sale price has increased 1.1% from $453,800 to $458,900. In the same comparison, the median sale price has increased 2.5% from $400,000 to $410,000.


The above table with data from the RMLS for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market:

For more information on your neighborhood, and property (each neighborhood is valued differently) call, email, or text me for more information.

IT’S A GOOD LIFE!! RACHEL SHELLER
Principle Broker,Realtor,CRS, ABR, GRI, SRES, CSA (Staging Agent)
HOWNW, MASTERS CIRCLE
Five Star award 2011-2019
Oregon First Realty
Direct-503-380-9634
Email~ rachel@rachelsheller.com
123 E Powell Blvd. #101
Gresham, OR 97030

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

Licensed in the State of Oregon

HEAR YEA! HEAR YEA! Latest and Greatest Real Estate Stats For The Portland-Metro Market. CHANGE IS HERE!

CHANGE IS HERE! Take a look at the very latest real estate stats for the Portland-Metro areas. The market is slowing a bit because of the time of year (We always see a slow down after school starts), but also because the local market has been and is changing to favor the buyer more.

In Portland-Metro last month pending sales saw the sole gain in the Portland metro area. There were 2,929 pending sales, a 6.1% increase over the 2,760 offers accepted last year at the same time but falling 2.3% short of the 2,998 offers accepted last month.

Closed sales, at 2,901, decreased 2.2% from the 2,967 closings recorded in August 2018 and fell 1.5% short of the 2,944 closings from July 2019.

New listings (3,757) fared similarly, ending 10.8% lower than in August 2018 (4,214) and 5.3% lower than last month in July 2019 (3,966).

Total market time rose by five days in August to end at 48 days. Inventory held steady at 2.3 months.

Average and Median Sale Prices

Comparing 2019 to 2018 through August, the average sale price has increased 1.0% from $454,500 to $458,900. In the same comparison, the median sale price has increased 2.2% from $401,000 to $410,000.

If you have been waiting to sell! Wait no longer! Take a look at the Portland-Metro appreciation values. We are seeing 4 areas with negative appreciation, vs 3 areas last month. the market is starting to slow and show signs of change. Overall, the market is Robust and strong with an overall appreciation of +1%. That is a big change from a year ago, or just 6 months ago.

It’s a GREAT time to buy because prices are leveling off and interest rates are still low. It’s also a good time to sell as there is less competition and the interest rates are low. Interest rates have a strong affect on our market. For more information on buying and/or selling in today’s market, please call, email, or text anytime.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2019 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-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!

 

LATEST MARKET STATS FOR PORTLAND-METRO & SW WA. March 2019

Hear Yea! Hear Yea! Here are the very latest real estate stats on average market time to sell, median sales price and appreciation values (average increase in price) in close in SW WA and Portland-Metro for most Cities. Take a look for your location. The numbers are STRONG. The Spring selling season has started! Don’t miss out. Call me today for more info and/or to get started today on your next move.

Five Star award Winner 2011- 2019 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

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- 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!

CLIENT TESTIMONIAL-Thank you Shyle!

I have worked with Rachel Sheller on four different home sales/purchases over the last five years. I recommend her regularly when someone tells me they are thinking of buying or selling their home. Of the people I have referred to Rachel, we have all had the same experience: 

Rachel is: 

  • Consistent- she follows through with what she says she will do and then goes above and beyond. She caught several mistakes made by other parties in my transaction and helped to get them corrected. 
  • Flexible- She regularly has gone out of her way to make things happen for me when I am on a tight schedule.
  • Communication- I hear horror stories of people working with agents that are bad about getting back to them. Rachel has a very short turn around when responding to my calls, emails, texts, She also is very detail oriented in how she walks people through each stage of buying and selling. Rachel is highly adaptable in her communication style… giving me lots of details when needed and only key bullet points when that’s what I requested. 
  • Customer service: Rachel is caring and understanding. The nature of real estate is amazingly stressful. Rachel is a pro and understands this. Her level of customer service is outstanding. 
  • Referrals: Rachel comes so highly recommended that she is able to work off of referrals and returning clients. She is ranked in the top of her field. If you work with her, you will understand why she has achieved the reputation she has. 

If you are considering buying or selling, I can’t recommend Rachel enough.

Five Star award Winner 2011-2019 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 an accurate list of ALL available Houses on the market on my website


Licensed in the State of Oregon and Washington  m

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

 

WELCOME HOME! Open, bright & open floor plan your gonna LOVE!

Asking $339,999~ 15933 SE Mill Street Portland, OR 97233~ RMLS#18312822

WELCOME HOME! This home is a beauty! Light, bright and move in ready. Tastefully & fully remodeled about 6 years ago. The open floor plan, enormous kitchen,  spacious master w/walk in closet & bath, plus the jumbo family room are sure to please. Three full bedrooms, 3 full bathrooms, with a Family room so huge there is a possibility to make a 4th bedroom in it. Spacious over-sized 2 car garage, central air,  low maintenance vinyl siding, newer windows (about 2011), two cozy fireplaces, fenced back yard, fire-pit area ready for your enjoyment plus so very much more. Just too many amenities to list-see more info on this home on my website.

IT’S A GOOD LIFE!

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!