In its May 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Multnomah County, Oregon.
According to the latest data, Multnomah County’s Median Sale Price was pegged at $558,350, showing an increase of 5.3% from the preceding month and a drop of 0.3% from the year before.
Sales of homes in the region saw 699 homes changing hands. This represents an increase of 26.2% from the month before and up 2.5% compared to the same month last year.
Homes remained on the market for a median of 8 days, which is up 1 day from the month before and up 1 day from the previous year.
The Market Pulse Score for Multnomah County comes in at 111, pointing to a rising trend within the local real estate market.
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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