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,
September 2024 RMLS Sales & Other Data
Dated: October 15 2024
Views: 127
Here is a bunch of data from last month regarding sales, where the RMLS serves. I hope this info helps you.
Want to get notified of new updates by email? Click here to subscribe!
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.
In summary, the market is visibly getting worse. Inventory is up. One thing to note is that "PENDING SALES" looks like it is up year-over-year. But, if there are fewer homes for sale on average then that number is going to trend up anyways - so there is a fallacy in the logic that just assumes that more homes are being sold. Validation of this is in the month over month numbers, as pending sales are down AND new listings are down. I reviewed the bumpable listings—homes with contingent sales contracts—across three different sample sizes in the metro area. Among all the pending homes, 2.76% of pending offers are contingent on average.
SW Washington Report (Clark & Cowlitz) (read report here)
Cowlitz County
Portland Metro, OR Sales Report (read the report here)
Polk and Marion Counties Sales Report (read the report here)
Some market snapshots:
Homes priced BELOW $400,000 in SW Washington. Click here to see that info.
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.
Mortgages:
Rates are trending about 0.5% +/- worse than they were for at the publishing of last month's report.
This is Modus Mortgages' (the company I am affiliated with) rate as of 10/9/2024 (see below).
That being said, many loan officers are pushing their rates lower by offering rates with points built in (purchased) to lower that rate.
Feel free to call me if you want to have a discussion about rates and where we can push them? Have a scenario you want to discuss, or need clarity? Or if you want an apples-to-apples comparison - I offer competitive scenarios. Give me a call, let's sort it out. NMLS# 2511040 1028232
Have a stellar day!
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 26, 2026 8:52 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
