In its February 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Multnomah County, Oregon.
The report shows that the Median Sale Price in Multnomah County reached $522,000 as of February 2024, marking an increase of 4.40% over the previous month and a 5.20% rise compared to a year ago.
A total of 366 homes were sold in the region, indicating an increase of 9.30% from last month and a drop of 27.70% when compared with a year ago.
The median time homes spent on the market was 41 day, which is down 3 days compared to last month and a decrease of 9 days over the previous year.
Currently, with a Market Pulse Score of 83, Multnomah County’s real estate market appears to be experiencing a downtrend.
For more information about the Multnomah County, Oregon market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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