Nationally, the housing market continues to experience a solid turnaround. 

 

In the 12 month period from Q2, 2012 to Q2 ,2013 home prices rose over 5%.  According to Realtor.com, the Portland metro area is ranked #8 in the nation, with home prices soaring 12%. The research revealed that the market time for a median priced home in the Portland-Vancouver market was 39 days, a whopping 45.83% decrease in the market time a year ago.