Inventory is up, prices are down, and we’re filling in all the other statistical details you need to understand the current market.

Our latest podcast covers the June Market Action numbers and discusses which regions are seeing statistical spikes, which records are being broken, and how much new construction is hitting the market.

Join Beth Raimer and John Ayers for the latest market and RMLS news that affects your business.

Don’t forget to subscribe to Real Talk with RMLS onApple Podcasts orGoogle Podcasts!

Music: “Tropical Summer” by ArtIss (via MelodyLoops.com)

New Content! We’re now offering a handy written breakdown of the numbers and trends mentioned in the podcast. OREGON
  • New Listings: 6,778 (+608)
  • Active Listings: 7,032 (+1,980)
  • Closed Sales: 4,628 (+143)
  • Inventory 1.5 (+0.4)
  • TMT: 22 (flat)
  • Avg Sale Price: $587,200 (-$13,100)
  • Median Sale Price: $520,000 (-$2,500)
WASHINGTON
  • New Listings: 1,479 (+8)
  • Active Listings: 1,249 (+390)
  • Closed Sales: 953 (-1)
  • Inventory 1.7 (+0.4)
  • TMT: 19 (-1)
  • Avg Sale Price: $578,800 (-$300)
  • Median Sale Price: $515,000 (-$5,000)
SPIKES
  • Active Listings
    • Baker County: 64 (+10)
    • Columbia Basin: 180 (+33)
    • Douglas County: 355 (+83)
    • Lane County: 533 (+145)
    • Mid-Columbia: 236 (+55)
    • Portland Metro: 4,085 (+1303)
    • SW Washington: 1,187 (+413)
    • Union County: 64 (+13)
  • Closed Sales
    • Columbia Basin: 119 (+40)
STREAKS
  • Columbia Basin, Coos County, Mid-Columbia, North Coastal, and Portland Metro: fifth month of increased Active listings
  • Douglas County: fourth month of increased Active listings
  • Lane County: fifth month of decreased Average Market Time (18 days)
  • Portland Metro: sixth month of increased New Listings
  • Union County: fifth month of increased New Listings
RECORD BREAKERS
  • Polk & Marion: All-time highest Median Sale Price ($450,500)
  • Portland Metro: Tied for all-time lowest Average Market Time (18)
  • SW Washington: Tied for lowest all-time Average Market Time (16)
  • SW Washington: All-time highest Average Sale Price ($611,400)
MILESTONES
  • Baker County: Active listings were above 70 for the first time since July 2020
  • Portland Metro: Active listings were above 4000 for the first time since July 2020
  • SW Washington: Active listings were above 1,100 for the first time since July 2020
NEW GROWTH
  • Portland Metro: 249 (+53)
  • SW Washington 109 (+16)
  • Lane County: 17 (+14)