Conos Realty

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Monthly Real Estate Market Update for Portland Oregon - September 2024 *Real Estate Market Update**Portland Metro, Oregon**September, 2024*The real estate market in the greater Portland Oregon metro area in September 2024 saw a ...

** Portland Metro Real Estate Market Update 3/30/2024 **

https://youtube.com/shorts/0ZjbAhIh3zk

With over 1510 (+664 prior week) homes sold and nearly half in the last week!

The local Portland Metro real estate market is picking up steam with more listings hitting the market 5,428 active (+487 prior month), while also at slightly higher prices. Median sale price ticked up to $530k and is up from $525k prior month.

The median days on market is 53 days, down 24% from the prior month at 70 days.

Just as a I predicted, in terms of activity, the market appeared to about a month shifted from last year. The average mortgage interest rate have fallen slightly to 6.79% as of 3/28/2024 [FRED]. With several rate drops are forecasted this year should foretell higher activity as we enter the peak real estate transaction months.

If you're looking to enter the market, either as a buyer or seller, let's get in touch!

Nathaniel Conos, Realtor ®️
✉️ [email protected]
📞 (971) 353-5094

Portland Metro Oregon Real Estate Weekly Update 03302024 ** Portland Metro Real Estate Market Update 3/30/2024 **With over 1510 (+664 prior week) homes sold and nearly half in the last week! The local Portland Metr...

*JUST LISTED**

📍553 NE Buena Vista St, Hillsboro, OR

🛏️ 4 Bed | 🚿 2.5 Bath | 🏠 2626 SF

Assumable loan at 3.5% interest or conventional rehab financing option w/ low down payment!

Welcome to this gorgeous fully remodeled one-level 4 bed, 2.5 bath spacious ranch style home. Although the home has been updated down to the studs, the home requires some repairs to reach its full market value of $695k. The price has been set accordingly at under market value, providing you with the opportunity to invest in your own unique vision at a great bargain. This beautiful home comes with many upgrades that include new kitchen cabinets and quartz countertop w/ tile backsplash, new AC and electrical panel, new stainless steel appliances, new luxury-vinyl plank flooring and fresh paint throughout, newer roof and vinyl double pane windows, walk-in closets, ceiling fans and can lights throughout, and more! The heated garage with polyurea coated flooring provides an additional +400 SF of living space. The large fenced backyard has a gate access to a creek. Conveniently located near schools, only 1 mile to downtown Hillsboro, a 3 minute walk UJ Hamby Park and trails, easy commute to Intel and Nike, and only a 1 hour drive to the Oregon coast. Schedule your private showing today and seize this extraordinary opportunity!