Wilsonville Area Home Scarcity Continues
Just-released figures from the Regional Multiple Listing Service on our Wilsonville area housing market reveal continued scarcity of local homes for sale, with competition among buyers continuing to push prices up.
Greater Wilsonville By The Numbers
Here are the most recent key Wilsonville area real estate statistics. As a side note, neighboring communities like Tualatin and Tigard are included in these greater Wilsonville market statistics.
Latest Wilsonville Real Estate Market Takeaways
Greater Wilsonville Home Prices
Annual home price change +11.4%
Greater Wilsonville Average Market Time
Average market time 30 days
Greater Wilsonville Home Sales Volume
Monthly change in number of greater Wilsonville area home sales +8.7%
Annual change in number of greater Wilsonville area home sales +6.1%
Regional Home Inventory
As seen in the above table, our regional supply of homes is about half of what is considered to be the ‘low end’ of a normal backlog of properties. A ‘normal’ real estate market is typically 3 to 6 months of home supply.
Regional Home Price Chart
The above home price chart shows a clear upward home price trajectory for the greater Portland metro region over the past four years. Wilsonville’s most recent annual home price increase of 11.4% is indicative of this regional real estate appreciation.
Contact Our Sponsor
Thinking about selling your Wilsonville home during this strong seller’s market? Home prices are up and buyers could be competing for your property right now. Contact Certified Realty using the convenient contact form below for a free home valuation today.
