The inventory of available homes for sale dropped to 1.0 months in November - the lowest on RMLS record!
The following is the latest Real Estate Market Statistics for November 2020.
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- Sales: 2,745 in November 2020 vs 2,191 last November: 25.3%
- Sales are down 13.0% from October 2020
- Pending Sales: 2,557 in November 2020 vs 2,274 last November: 12.4%
- Pending Sales are down 20.1% from October 2020
- New Listings: 2,238 in November 2020 vs 2,118 last November: 5.7%
- New listings are down 36.3% from October 2020
- Average Sales Price: $492,000 in November 2020 vs $459,300 last November: 7.1%
- Total Market Time: 41 days in November 2020 vs 46 days last November: -31.6%
- Inventory in Months: 1.0 months in November 2020 vs 2.4 months last November
Inventory by Area:
- NW Washington County 0.94 months
- Beaverton/Aloha 0.47 months
- Hillsboro/Forest Grove 0.82 months
- Sales are down 13.0% from October 2020
- Pending Sales are down 20.1% from October 2020
- New listings are down 36.3% from October 2020
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