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Portland Real Estate in January: Sales Up 11% YoY, Inventory Down 48% YoY

Note: I'm posting data for many local markets around the U.S. The story is the same everywhere ... inventory is at record lows.

For Portland, OR:

Closed sales in January 2021 were 1,847, up 11.1% from 1,663 in January 2020.

Active Listings in January 2021 were 1,922, down 48.3% from 3,715 in January 2020.

Months of Supply was 1.0 Months in January 2021, compared to 2.2 Months in January 2020.

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