The latest report on regional home sales was just released. The good news continues, as it reveals a housing market gaining strength. And while our inventory of homes has increased a bit, we still remain in what many consider a ‘seller’s market’ where competition among buyers is keen.
The average Portland metro area home sale price is now $310,000. This is up 13.9 % over the past year. The new report covers many communities throughout greater our area. As you might expect, Molalla area figures are unique, just like other metro area towns.