Wildfire preparedness isn’t just for homeowners who live in the woods. Homes in rural areas, suburbs, and cities can all be vulnerable to wildfire—particularly from wind-blown embers
Latest Market Action | July 2024
Dated: August 11 2024
Views: 89
Portland-Metro
In July 2024, the residential real estate market experienced slight changes compared to June 2024. New listings decreased by 4.6%, and pending sales saw a slight decline of 1.2%. A total of 2,075 homes were sold, a minor change of 0.3%. The average sale price was $622,900, down 2.1%. Inventory increased by 7.4%, providing more options for buyers, and the total market time improved by 2 days, indicating faster sales.
Vancouver and SW Washington
In July 2024, the residential real estate market experienced slight changes compared to June 2024. New listings increased by 3.9%, and pending sales saw a decline of 6.4%. A total of 621 homes were sold, with an increase of 12.3%. The average sale price was $601,700, up 6.9%. Inventory stayed about the same decreasing by .2%, still providing options for buyers, and the total market time increased by 11 days.
Additionally, mortgage rates, which had been slightly over 7% for the past six months, are now dropping toward or below 6%, marking the lowest rates since April 2023.
If you're looking to sell in the next 12-18 months, or sooner, let's connect and discuss your home's value and your options.
Dave Woody
Dave works diligently behind the scenes to make Real Estate easy for you. He services clients in Washington and Oregon and joined NextHome Realty Connection to grow his business. Real Estate draws on ....
Latest Blog Posts
If you're waiting for mortgage rates to fall a lot before you buy, you may be waiting a while. But before you get discouraged, there's a number working behind the scenes that's actually good for you
August 3, 2026 | Real EstateCheck Out My Instagram Reel On This SubjectWe're closing in on almost 2 million acres burned in Oregon this summer. And somewhere between the smoke advisories and the air
TL;DR: The short version for people in a hurry 35% of builders (1 in 3) cut prices on new homes in June 2026Average price cut: 6%On a $500K home, that's $30,000 back in your pocketSavings don't
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than NextHome Realty Connection are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 13, 2026 6:44 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright © 2026 WVMLS. All Rights Reserved. Information last updated on September 13, 2026 6:24 PM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
