August 2020 Real Estate Market Statistics

The following is the latest Real Estate Market Statistics for August 2020.

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• Sales:   3,149 in August 2020 vs 2,901 last August:  8.5%
• compared to July 2020, closed sales are down 7.1%

• Pending Sales:   3,697 in August 2020 vs 2,929 last August:  26.2%
• compared to July 2020, pending sales are up 1.1%

• New Listings:   3,885 in August 2020 vs 3,757 last August:  3.4%
• compared to July 2020, new listings are down 8.3%

• Average Sales Price:   $481,000 in August 2020 vs $4558,900 last August:  4.8%

• Total Market Time: 41 days in August 2020 vs 48 days last August:  -14.1%

• Inventory in Months: 1.3 months in August 2020 vs 2.3 months last August

Inventory by Area:

• NW Washington County   1.25 months
• Beaverton/Aloha               0.74 months
• Hillsboro/Forest Grove     0.94 months