BUYER'S MARKET ALERT: Hillsboro HOUSING INVENTORY is 2.30 Months! 🏡🙋‍♀️

The current Housing Inventory in Hillsboro is 2.30 months, and Hillsboro has been experiencing a buyer's market since August 2023. The current Housing Inventory of 2.30 months is 13% more than the December 2022 Housing Inventory of 2.03 months and is 538% more than the December 2021 Housing Inventory of .36 months.
The ideal real estate market would have 1.00 month of Housing Inventory, meaning Housing Supply perfectly satisfies Housing Demand. For this graph, that would be the orange and purple lines right on top of each other. When the Housing Supply and Housing Demand lines are close together, it represents a balanced real estate market. A huge separation between Housing Supply and Housing Demand means an unbalanced real estate market, creating either a buyer's market or a seller's market.
I'm passionate about homeownership and helping home buyers navigate the real estate market and homeowners understand the elements that make up a home's value. For additional Housing Market trends, the hottest listings by location & price, Open Houses, personalized monthly Market Reports, and more, see the links below:
Get Your FREE Monthly Home Value Report 🏡📈
👉 www.homemadeportland.com/mast...
See Homes for Sale by Location - No need to search. Results ready-to-go! 🏡
👉 www.homemadeportland.com/home...
See Homes for Sale by Price - No need to search. Results ready-to-go! 🏡🙋‍♀️
👉 www.homemadeportland.com/home...
List of Open Houses by Location 🏡🙋‍♀️
👉 www.homemadeportland.com/open...
Real Estate 101 - Market Trends, Analysis & more! 🏡
👉 www.homemadeportland.com/real...
See DIY/Home Improvement Videos: 🤪🛠🪚
👉 www.homemadeportland.com/diy-...
Real Estate Done Right - Real estate is all about you! 🏡🙋‍♀️
👉 www.homemadeportland.com/real...
I hope you find this information helpful. Feel free to contact me with any questions.🙋‍♀️Have a great day!
#Oregon #RealEstate #HousingMarket