"In September, home prices rose slightly from the month before, with a median listing price of $532,500. The number of listings on the market shrank 3.1% from last month, which is a bigger decrease than normal for this time of the year in Portland, and homes are also selling slower than at the same time last year. Home prices in Portland Typically, home price per square foot in Portland tend to fall in September."
"So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in the Rose City are smaller the national market. Portland inventory In September, there were 2,844 homes for sale in Portland, which was 3.1% less than the month before and 5.0% more than the same time last year. Meanwhile, active inventory across the nation rose by 0.2% from last month to 1,100,407."
In September the median listing price in Portland was $532,500, a slight month-over-month increase. The number of listings fell 3.1% from the prior month, larger than typical seasonal declines, while inventory was 5.0% higher than the same month last year at 2,844 homes. Price per square foot in Portland decreased 0.2% month-over-month, a smaller decline than the national 0.8% drop. Homes in Portland averaged 68 days on market, four days longer than the previous month and nine days longer than a year earlier, versus a national average of 62 days.
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