May 2018 Real Estate Market Statistics

The following is the latest Real Estate Market Statistics for May 2018.
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• Sales:   2,803 in May 2018 vs 2,896 last May  -3.2 %

• Pending Sales:   3,201 in May 2018 vs 3,435 last May:  -6.8%

• New Listings:   4,665 in May 2018 vs 4,388 last May:  6.3%

• Average Sales Price:   $448,600 in May 2018 vs $423,800 last May:  5.9%

• Total Market Time: 37 days in May 2018 vs 39 days last May:  -5.0%

• Inventory in Months: 1.9 months in May 2018 vs 1.5 months last May

Inventory by Area:

• NW Washington County   1.51 months
• Beaverton/Aloha               1.15months
• Hillsboro/Forest Grove     1.29 months