"In November, home prices fell moderately from the month before, with a median listing price of $515,000. The number of listings on the market shrank 11.0% from last month, which is typical for this time of the year in Portland, and homes are also selling slower than at the same time last year. Typically, home price per square foot in Portland tend to rise in November."
"In November, there were 2,443 homes for sale in Portland, which was 11.0% less than the month before and 3.8% more than the same time last year. Meanwhile, active inventory across the nation fell by 2.5% from last month to 1,072,266. The number of new listings in Portland was 612, which was 32.5% less than the month before and 0.7% more than the same time last year."
In November, the median listing price in Portland was $515,000, a moderate decline from October. Listings on the market decreased 11.0% month-over-month, which aligns with typical seasonal trends, and were 3.8% higher than the same month last year. Price per square foot in Portland fell 0.5% month-over-month, compared with a 1.2% national decrease, indicating smaller local changes. New listings numbered 612, down 32.5% from the prior month and up 0.7% year-over-year. Active nationwide inventory declined 2.5% to 1,072,266. Homes in Portland averaged 75 days on market, longer than both last month and last year.
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