Wilsonville Real Estate Update

Wilsonville Market Information
New real estate figures for our local Wilsonville, Oregon market were just released.
Click here or on the ‘play’ button below to hear a brief audio summary of this latest Wilsonville Homes report.

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 Click Image for Report

Significant Shift
One significant change found in this new report is a nearly 25% increase in our regional inventory of homes for sale. This is likely in part due to the more than 11% annual increase in home prices both in Wilsonville and the greater Portland area. 

View The Full Report
View the complete Wilsonville, Oregon real estate report from the Regional Multiple Listing Service here, or simply click on the above ‘Market Action’ image. This report includes fresh market information on the Wilsonville area, plus the entire Portland Metro, too.

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Selling Your Wilsonville Home?
Thinking about selling your Wilsonville area property in this still strong seller’s market? Contact our sponsor, Wilsonville’s very own Certified Realty using the convenient contact form below for a free report on what your property could sell for today.

Wilsonville’s ‘Perfect Storm’

Recent housing data from the Regional Multiple Listing Service (RMLS) shows Wilsonville home prices are up 9.6% over last year.

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This ramp up in home values is due in part to a decrease in available properties for sale. 

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While a ‘normal’ housing market usually has 3 to 6 months of home supply, our region is now at only 1.2 months of inventory…and falling.

A ‘Perfect Storm’
With increased demand and dwindling supply, what’s happening in Wilsonville real estate right now could be called a seller’s ‘perfect storm.’
Wilsonville is experiencing a combination of attractive interest rates, plus very low home inventory, which fuels a rise in prices.

This is economic theory in action, whenever there are more buyers than sellers, creating a ‘seller’s market.’

A Hot Real Estate Cocktail

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And even with growing home prices, current low interest rates help serve up a hot, but still palatable real estate cocktail that could help Wilsonville buyers better afford their purchase…if they can just find a home amidst such a low housing supply. 

The Rest of the Story
As you might guess, individual neighborhoods and towns vary significantly on selling price, buyer demand and other key factors, like how long it takes for a house to sell.

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Click For Report

Click here or on the above image to see the new Wilsonville area real estate figures. Make sure to also check out page 2 for interesting stats on other nearby towns and neighborhoods. 

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‘Oregon’s Choice Since 1950’

Thinking about selling your Wilsonville area home? It’s a wise move to sell in a seller’s market. Contact our WilsonvilleHomes.com sponsor, Wilsonville’s very own Certified Realty, for a free consultation of what your Wilsonville area property could sell for in today’s market by using the convenient form below. 

Wilsonville Real Estate News

With school beginning as we move toward Autumn, it’s reasonable to expect a somewhat slower pace of Wilsonville home sales. That’s because many, though certainly not all, 2014 buyers have bought their home by now. A sizeable number of homebuyers target September as a good time to have made their move.

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The Willamette River

This brings “empty-nesters,” relocating transferees, singles, and young families to the forefront as a bigger potential portion of the buyer pool for the remainder of the year. For sellers, Autumn can bring more motivated buyers with less competition from other home sellers, when compared to Spring’s fast-paced real estate tempo.

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If Spring’s real estate pace is a Viennese Waltz, Autumn and Winter are a Foxtrot.

 

The average time on the market for a Wilsonville home is now 110 days. This compares to the most recent figure of 93 days for greater Portland. Click here or on the image below for the latest information about Wilsonville real estate.

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Click image to view the latest report on Wilsonville, Oregon real estate

The average time on the market for a Wilsonville home is now 110 days. This compares to the most recent figure of 93 days for greater Portland.

Thinking about selling your Wilsonville area property? For a FREE report on what your home could sell for in today’s market, contact Wilsonville’s own Certified Realty using the convenient contact form below.

Wilsonville Real Estate Update

New figures from the Regional Multiple Listing Service (RMLS) shine light on our current Wilsonville real estate market.

Wilsonville Meadows
This Wilsonville Meadows home sold in April for more than the asking price.

 

The inventory of homes for sale throughout the area is unchanged, so Wilsonville’s housing market is relatively stable. There remains a 2.8 month supply of homes throughout our region.

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Regional Home Inventory in Months

Based on the most recent month tabulated, the average home price for a Wilsonville area home is now $342,000, up 8.4% over the past year.  

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Regional Home Price Chart

The average time a Wilsonville area home is on the market is now 72 days. 

Wilsonville Meadows
This Wilsonville Meadows home sold in January for $430,000

View the new local housing report here, with interesting information on Wilsonville, plus other nearby towns and neighborhoods.

Wilsonville Meadows, Wilsonville Oregon
Click Image For Free Report

Thinking about selling your Wilsonville home? Contact Wilsonville’s own Certified Realty using the convenient form below for a FREE report on what your Wilsonville area property could sell for.

Recent Wilsonville Meadows Sales

Two recent Wilsonville Meadows sales closed this month. They include the 2,100+ square foot home at 28447 SW Meadows Loop which sold for $310,000 and also a spacious 2,500+ square foot home at 28048 SW Willow Creek Drive, selling for $430,000.

Wilsonville Meadows
28447 SW Meadows Loop, Wilsonville, Oregon
Wilsonville Meadows
28048 SW Willow Creek Drive, Wilsonville, Oregon

Attention Home Sellers
Is this the year you’re thinking about selling? Our Wilsonville market is really improving. Contact your Wilsonville experts, Certified Realty for a FREE consultation using the convenient form below. Still family owned and operated, Certified Realty specializes in Wilsonville properties and remain Oregon’s choice since 1950!

Our Wilsonville Market

The latest report on Wilsonville area home sales has been released. It reveals a stable local housing market, with Wilsonville area home prices up by 10.5% over the past year alone.

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This report shows the latest monthly average Wilsonville area home price is $314,800. The average total days on market is 74.

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Click Image For Full Free Report

Click here for the complete FREE real estate report, with specific information about our Wilsonville market on page 2. Thinking about buying or selling a Wilsonville home? Contact our sponsor, Certified Realty using the convenient form below for a FREE consultation.