PORTLAND, Ore. — From Cully to Clackamas, from Troutdale to Beaverton, the PBJ's Hottest 'Hoods is ranking real estate activity in Portland area neighborhoods last quarter.
The time a home spends on the sales market shows the property's appeal as well as the desirability of its neighborhood. This installment of Hottest 'Hoods looks at the 25 neighborhoods where houses sold the fastest in the second quarter of 2019. In the most active neighborhoods last quarter, most homes sold in less than week, according to data provided by RMLS.
Homes have been selling faster this year compared with the same quarter in 2018, when homes in some ranked neighborhoods had a median time on the market of more than a month. In the recent quarter, sales were made in less than two weeks in even the less-active ranked neighborhoods.
The Portland Business Journal is a KGW News partner.