How is the March market looking in comparison to February? Which trajectories have continued rising or falling? Where are the notable statistical spikes?
Join Beth and Terry to find out! We’ve got the the highlights and analysis of the most recent available market stats along with reminders about RMLS happenings.
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REAL TALK WITH RMLS – MARCH 2023 STATISTICAL HIGHLIGHTS
OREGON
- New Listings: 4,157 (+1,215)
- Active Listings: 5,551 (+150)
- Pending Sales: 3,354 (+596)
- Closed Sales: 2,905 (+590)
- Inventory 1.9 (-0.4)
- TMT: 61 (-10)
- Avg Sale Price: $525,200 (+$10,200)
- Med Sale Price: $475,000 (+$10,000)
WASHINGTON
- New Listings: 887 (+299)
- Active Listings: 1,020 (+53)
- Pending Sales: 724 (+98)
- Closed Sales: 613 (+94)
- Inventory 1.7 (-0.2)
- TMT: 73 (flat)
- Avg Sale Price: $535,500 (+$12,700)
- Med Sale Price: $490,000 (+$100)
SPIKES
- Baker County
- Pending Sales increase: 9 in February 2023 to 22 in March 2023
- Columbia Basin
- Closed Sales increase: 39 in February 2023 to 73 in March 2023
- Curry County
- New Listings increase: 25 in February 2023 to 40 in March 2023
- Lane County
- New Listings increase: 285 in February 2023 to 400 in March 2023
- Portland Metro
- New Listings increase: 1,764 in February 2023 to 2,623 in March 2023
- SW Washington
- New Listings increase: 461 in February 2023 to 701 in March 2023
STREAKS
- Coos County
- Active Count 7-month decrease: Down to 171 in March 2023
- Polk and Marion
- Active Count 4-month decrease: Down to 355 in March 2023
- SW Washington
- Active Count 5-month decrease streak: Down to 681 in March 2023
RECORD BREAKERS
- Wallowa
- Tied with February 2017 for lowest all time closed sales: At 1 in March 2023
- Lowest all time Average Total Market Time: At 4 days in March 2023
NEW GROWTH
- Portland Metro: 292 (+27)
- SW Washington 106 (-4)
- Lane County: 16 (-13)