How important is the appraisal?
What should you know, care about, and what should you ignore. Find out on today’s episode all the ways Audra and Andrew are here for your understanding of the whole home buying and selling process.
Spring brings hope eternal, and this has become a mantra in our household because warmer weather is here, and folks are finally getting vaccinated! We are happy to witness an actual collective movement of facilities opening and our communities getting in line. We sure do hope this continues and we can start heading towards some sort of normalcy. That said, I have come to really appreciate and enjoy my mask; I may never go without!
Spring also brings an uptick in remodels! And we are seeing an increase in folks wanting a new bath, basement, etc. Sometimes a nice refresh gets us through the day...plus, am I the only one that can spend hours in a tile store?!
For those of you who are thinking about selling (or know someone who is), our listing program is top notch! From the moment you bring us in, we do all the heavy lifting so you can go do your thing and not worry about this. Please do send anyone our way who wants to sell quickly and easily.
So, yes. Spring is here! And we couldn't be more thrilled.
-Audra
Well, the market continues to be truly bananas. Here are quick stats for Portland Metro Area:
437 Homes for sale as of March 31, 2021
-11.2% from February 2021
-53.4% from March 2020
1048 Homes under contract (pending) as of March 31, 2021
+70.1% from February 2021
+64.3% from March 2020
709 Homes sold during March 2021
+18% from February 2021
+9.9% from March 2020
$647,000 Average Sales Price for Sold Homes in March 2021
+2.4% from February 2021
+19.4% from March 2020
22 Average Days on Market
-18.2% from February 2021
-33.3% from March 2020
0.4 Months of Inventory as of March 31, 2021 (based on pending properties)
+56.5% from February 2021
-74.8% from March 2020
Please contact The Portland is Home Team anytime for a more detailed report. Also please let us know if you would like to take advantage of our HomeBot program. It is an AVM (like Zillow’s Zestimate program) on steroids. Our program will send you monthly reports for your home value. It is still not as accurate as our customer market analysis, but it is more powerful than other consumer programs.
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