BUYER'S MARKET ALERT: SE Portland HOUSING INVENTORY is 1.92 Months! 🏡🙋‍♀️

The current Housing Inventory in SE Portland is 1.92 months, and SE Portland has been experiencing a buyer's market since July 2023. The current Housing Inventory of 1.92 months is 55% more than the January 2023 Housing Inventory of 1.24 months and 215% more than the January 2022 Housing Inventory of .61 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. However, we know that not all inventory is the same, so a location can be experiencing a seller's market even when Housing Supply exceeds Housing Demand. 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!
#PortlandOregon #RealEstate #HousingMarket