Portland's Average Sale Price is UP $24,000 this Week. Are we Still in the Red??

Posted by Lauren Perreault on Thursday, April 6, 2023 at 9:51:57 AM By Lauren Perreault / April 6, 2023 Comment

The Average Sale Price is showing an Upward Trend since mid-January (blue graph, below) but still remains Below Last Year's aggressive gains (-3%).
Interest Rates remained volatile this week bouncing between 6.125% and 5.875%
The Supply of Homes to purchase Remained Flat for the 7th week and Buyer Demand Waned by 6% from last week's high.