2018 Wilsonville Real Estate Forecast

Wilsonville Real Estate, Home Seller Wilsonville
Is Wilsonville In Store for a 2018 Market ‘Sea Change?’

If you’ve been considering the sale of your Wilsonville, Oregon home, 2018 could be the year to do it. That’s because some forecasters sense a possible change in our real estate climate. 

Wilsonville Oregon
Click Image for Details

Whether temporary or not, recent multiple listing information appears to suggest that for now, our region may have reached peak price performance.

Wilsonville, Wilsonville Homes, Wilsonville Oregon, Wilsonville Homeselling
Regional Home Price Chart

Wilsonville’s Good News & Bad News
Good news: Our area’s average home price was up last year by 7.7%
Bad news: Wilsonville area home sales changed last year by -4.3%

Naturally, these figures don’t guarantee Wilsonville’s 2018 real estate performance. This year it’s possible prices could rise. It’s also possible prices could fall.

Lock, Stock & Barrel
Buying low and selling high is a good way to ‘lock in’ profit. Added bonuses for now include our current low competing home inventory, plus attractive interest rates.

Wilsonville Home, Wilsonville Real Estate, Wilsonville Homeseller, Wilsonville Homeselling, Wilsonville Oregon, Wilsonville Real Estate
Low Inventory=Strong Seller’s Market

Better Than Average
What has helped to drive prices up has been a home shortage. An ‘average’ real estate market is frequently cited as having 3 to 6 months of house supply. At that level, neither buyers or sellers dominate. Our most recent regional housing level remains low. At 1.6 months of housing supply, that’s roughly half of what’s considered a low average figure. As a result, our ‘seller’s market’ right now is especially strong. But like the weather, that can change.

Wilsonville Oregon, Wilsonville Homes
Oregon’s Choice Since 1950!

What Are You Waiting For?
Contact your WilsonvilleHomes.com sponsor, Certified Realty at (503) 682-1083 or use the convenient contact form below for a free report on what your property could sell for in today’s seller’s market.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s