Fidelity's Market Report

Portland, OR

Condos/Townhomes

Compliments of Fidelity National Title Company | www.fidelityportland.com



Portland, OR

Tue Mar 28 2023
This week the median list price for Portland, OR is $435,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 469. Click here to stay informed with the Portland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Portland, OR

Tue Mar 28 2023
This week the median list price for Portland, OR is $435,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 469. Click here to stay informed with the Portland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $435,000
Median Price of New Listings $425,000
Per Square Foot $397
Average Days on Market 98
Median Days on Market 56
Price Decreased 24%
Price Increased 2%
Relisted 18%
Inventory 469
Median Rent
Market Action 37
Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$949,100 1,833 0 - 4,500 sqft 2 2.5 16 9 8 77
$499,000 1,319 8,000 - 10,000 sqft 2 2 18 16 13 63
$380,000 980 0.25 - 0.5 acre 2 1.5 21 14 12 42
$259,900 734 8,000 - 10,000 sqft 1 1 48 15 21 42