Here’s a collection of last month’s sales data for the areas served by RMLS. I hope you find it helpful.Want to get notified of new updates by email? Click here to subscribe!Please note,
June 2023 RMLS Sales & Other Data
Dated: July 16 2023
Views: 107
June 2023 RMLS Sales & Other Data
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Please note, the arrows in the trends table only showcase numbers going up or down - NOT whether or not the trend is beneficial as this is determined based on perspective.
SW Washington Report (Clark & Cowlitz) (read report here)
Cowlitz County
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Portland Metro, OR Sales Report (read report here)
Polk and Marion Counties Sales Report (read report here)
Mortgage rates for people putting 5%-20% down or less, FICO score above 740 range, of a 30-year loan (from Bankrate.com). Remember that every lender is a little different in what they offer, and rates are credit score, downpayment, and type of loan.
Some market snapshots:
FIRST-TIME BUYER homes priced below $400,000 in SW Washington. By summertime, I doubt they will exist. As of today, I see 3 detached homes below $395K. Click here to see that info.
FIRST-TIME BUYER homes priced below $400,000 south of the Columbia River. Click here to see that info.
FAIRVIEW VILLAGE, WA is an anomaly in the area, holding prices higher. This is a 55+ community. Click here to see the info.
LONGVIEW / KELSO area is still attractive for families looking for starter homes. Click here to see that info.
PORTLAND-METRO & SW WASHINGTON single-family homes with at least 3 bedrooms, 1.5 baths, at least 0.75 acres, and a maximum of $850,000. Click here to see that info.
To get your home value and a market report sent to your email each month or of your neighbor's house, instantly, then click here.
Final note:
The market is flattening. First look at the clustering in your particular area and on your area report. Here is SW Washington. As you will see, in previous years, the 90th percentile of homes sole was in a wider range. This last month, year-over-year that is much narrower.
Apprciation levels are up from last year year-over-year, but still dropping to lower levels than have been seen in a while.
Also, Days-On-Market (DOM) before an accepted offer is received has jumping significantly. By looking at this next image in each report, this showcases that in Clark County, DOM has jumped 2.45x versus 2022. That is huge. Be sure to look at the image on your report, in your area.
Everyone has heard about the interest rates and this is still scaring Buyers. In conversations I had last week with a few mortgage brokers, fear of the unknown, of whether rates are going to come down or keep going up, is driving it. We all heard that rates should be coming down "soon" but it isn't here yet. Many brokers are now pushing the 2/1, or 3/2/1 buydown. This is an effective way to get into a home, yet it is still a gamble or calculated risk if rates don't come down in the next few years. Why? Because built into the 3/2/1 is an assumption to refinance at a lower three or two years from now.
We are in a new normal. Realistically, rates need to go down a lot for most people's comfort, and that probably isn't going to happen. Most Buyers I know gauge whether or not to buy on a rent versus housing payment. If your rent is lower, and you have gotten "lucky" with the landlord not increasing rent, then great for you. But most people I talk with are receiving per month increases of $150-$300 year-over-year. The caveat is that, if rates do drop like we all want, everyone in the industry knows that prices will once again shoot up drastically. It is a teeter-totter between rates and prices.
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Let me know how I can help you!
Steve Milford
Hello, I'm Steve Milford, and I look forward to meeting and working with you. My perspective is a little bit different. I didn't become a Realtor for a job, I starting this journey because I like to f....
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Here’s a collection of last month’s sales data for the areas served by RMLS. I hope you find it helpful.Want to get notified of new updates by email? Click here to subscribe!Please note,
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Here’s a collection of last month’s sales data for the areas served by RMLS. I hope you find it helpful.Want to get notified of new updates by email? Click here to subscribe!Please note,
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Kelly Right Real Estate are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 23, 2026 7:36 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Southern Oregon Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
