Saturday, December 12, 2020

November 2020 Real Estate Market Statistics

 

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.
Click here for the full report

  • 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

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