|Portland average home price bolts to $542,000: 'Influx is greater than the exodus'|
|OREGON HOME PRICES||Oregon home listings increase dramatically|
Story by Janet Eastman | The Oregonian/OregonLive - Story Source
|Published on Thursday March 18, 2021 - 12:50 AM|
"The biggest story continues to be the lack of inventory, which has been historically low for nine months," says Suzanne Page, a broker with John L. Scott Southwest Portland.
Since June 2020, the supply of homes to sell has lingered around one month, which means if sales continue at the same pace, it would take just one month to zero out all the available residential properties on the market.