Fidelity's Market Report

Portland, OR

Condos/Townhomes

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



Portland, OR

Tue Jul 05 2022
This week the median list price for Portland, OR is $441,990 with the market action index hovering around 42. This is less than last month's market action index of 47. Inventory has increased to 539. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Portland, OR

Tue Jul 05 2022
This week the median list price for Portland, OR is $441,990 with the market action index hovering around 42. This is less than last month's market action index of 47. Inventory has increased to 539. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $441,990
Median Price of New Listings $425,000
Per Square Foot $414
Average Days on Market 69
Median Days on Market 42
Price Decreased 39%
Price Increased 1%
Relisted 12%
Inventory 539
Median Rent
Market Action 42
Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$949,950 1,864 0 - 4,500 sqft 2 2.5 16 15 14 42
$499,900 1,246 6,500 - 8,000 sqft 2 2 17 16 8 49
$389,000 958 0.25 - 0.5 acre 2 1 25 19 12 42
$289,000 744 8,000 - 10,000 sqft 1 1 42 21 17 35