Our Regional Multiple Listing Service (RMLS) recently released figures on the greater Wilsonville housing market, which includes Wilsonville Meadows. In short, the positive trend continues. Read the full Portland metro area real estate report here, with Wilsonville Meadows area market information highlighted below.
Inventory A Factor
A low supply of available homes continues to drive prices higher around Wilsonville Meadows. That’s because a market inventory of between three and six months is considered a ‘normal’ housing backlog. For more than two years, our regional home supply has been below three months.
Local Homes By The Numbers
These new numbers reveal home prices around Wilsonville Meadows are up 6.7% over the past year. The average home sale market time for our area is now 30 days. The average selling price so far this year is $412,400, with the most recent monthly average home sale price coming in at $434,400.
Selling?
If you’ve considered selling your Wilsonville Meadows home, our present ‘seller’s market’ could make for good timing. Contact our WilsonvilleMeadows.com sponsor, Wilsonville’s own Certified Realty using the form below for a free consultation, or call 503-682-1083.
