Inventory in Washington County is Ridiculously Low

One of the hardest things as a Realtor right now is getting buyers in to see homes before they go pending.  This is because as soon as a home comes up for sale, it's getting massive interest and has buyers putting in offers as quickly as they can.  It is not uncommon for homes to go pending within the first three or four days.  For buyers, this gets real frustrating, real fast.  For sellers, it's the dream!  Sellers are getting their homes sold fast and often times, above list price.

Washington County, as well as the rest of the Portland metro area, is crazy right now.  Take North Plains, there are only eight active listings for homes under $350,000 (the hottest price range).  Of those eight listings, four are resale homes and the other four are new construction.  In all of Hillsboro, there are only 17 detached homes for sale right now under $350,000.  Seventy percent of those homes have been put on the market in the last month, many within the last week.  That's how quick the market is moving. 

What does this tell you?  If you have been thinking about selling your home, now is the time!  There is very little competition and you have the potential to get multiple offers on your home.