Market Stats for 3/9

March 9th 2021
Week of March 1st through March 7th

Homes Sold: 611 – compared to 753 last week and 539 the week before. During the same week last year, this number was 617.

Active Listings: 2108 vs 1971 last week and 1980 the week before.

Total number of pending deals today – 5306 vs 5197 last week and 5188 the week before.

New Pending Deals: 941 up from 779 last week and 527 the previous week.

Average Days on Market 27 (47 last year) – Median Days on Market 5 (16 last year).

Average List Price vs Sale Price


Average Sale Price as a Percentage of the Asking Price  – 102.49%

Median Sale Price as a Percentage of the Asking Price – 102.13%

Average Sale Price as a Percentage of the Original Asking Price 101.87%

Low Income Home Energy Score

Expanded access to income-qualified free Home Energy Scores

Did you know that free Home Energy Scores are available for home sellers that meet certain income requirements? The income qualifications were previously set at 60% of the Area Median Income (AMI). They are now being expanded to 80% of the AMI.

These thresholds, which vary according to household size, can be viewed by visiting the Portland Housing Bureau’s AMI calculator tool. For example, a family of four would qualify if their total household income was less than $65,000 and a single individual would qualify with $50,000 or less in total annual income.

Along with this expansion, home sellers should now contact Community Energy Project (CEP) directly for verification. Once qualified, CEP will also schedule and perform the free Home Energy Assessment. You no longer need to fill out the City of Portland’s online form.

Community Energy Project
Phone: (971) 544-8710
Email: [email protected]
Direct Scheduling Link

 You can also visit www.pdxhes.com at any time to find this contact information.If you work with clients in Portland and Milwaukie, the processes for getting an income-qualified free Home Energy Score are now exactly the same.

From EarthAdvantage.org

This Weekend: Choose what you’ll save for.

I found this great article about immediate gratification when it comes to savings. Give it a read.

By Shifrah Combiths

https://www.apartmenttherapy.com/weekend-projects-create-small-savings-goals-36866145

Apartment Therapy Weekend Projects is a guided program designed to help you get the happy, healthy home you’ve always wanted, one weekend at a time. Sign up now for email updates so you never miss a lesson.

As a mom to five kids, I spend a good deal of time considering behavior management strategies. While I do, of course, have to dole out consequences for bad choices, I’ve found, like all the experts say, that positive reinforcement really is the best way to create lasting behavior change.

When a good choice is met with a reward, your brain associates the good feeling with the action and the behavior is reinforced. Your brain, seeking the same feel-good result, encourages you to repeat the behavior that led to it. Eventually, choosing the desired behavior becomes a well-worn pathway.

The same psychological framework is true for adults, and you can use positive reinforcement to manage your own behavior. Knowing that you thrive on hits of the feel-good hormone dopamine gives you new power to stop bad habits and start new ones. Sometimes the only difference between failing at forming a new habit and it becoming part of who you are is just a matter of giving yourself a little reward each time you succeed in choosing it. What great news!

This weekend we’re going to apply the concept to a behavior that nearly everyone wishes to improve: how you spend money.

The idea here is to shift a money-saving mindset from a denial to an opportunity: thew opportunity to put that saved money toward something specific you’re excited about.

This weekend, choose categories or objects and create line items in your budget or even separate accounts for them. These could be things like a new couch, a vacation, a fancy scanner to deal with your physical papers once and for all (just me?), or even paying down a particular debt.

Each time you forego a treat at Starbucks, for example, put the money you saved immediately toward one of your goals. This way, saving money will feel like treating yourself, the savings will add up, and soon, not frivoling away your money will become a well-worn path in your brain and second-nature behavior. Happy saving!