SkyBlue Real Estate Group

Portland, OR

Single-Family Homes

Jim Bradley 971-804-4618 | Rachel Bradley 503-936-3373



Portland, OR

Thu Sep 16 2021
This week the median list price for Portland, OR is $599,000 with the market action index hovering around 69. This is less than last month's market action index of 74. Inventory has decreased to 1,008. 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.

Strong Seller's Market

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

Thu Sep 16 2021
This week the median list price for Portland, OR is $599,000 with the market action index hovering around 69. This is less than last month's market action index of 74. Inventory has decreased to 1,008. 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.

Strong Seller's Market

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 $599,000
Median Price of New Listings $549,900
Per Square Foot $299
Average Days on Market 57
Median Days on Market 28
Price Decreased 40%
Price Increased 4%
Relisted 8%
Inventory 1,008
Median Rent $1,999
Market Action 69
Strong Seller's Market

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
$1,295,000 3,854 0.25 - 0.5 acre 4 3 47 26 40 56
$695,450 2,486 4,500 - 6,500 sqft 4 2 67 45 67 28
$525,450 1,941 4,500 - 6,500 sqft 3 2 71 56 74 21
$399,972 1,271 4,500 - 6,500 sqft 3 1 68 54 81 21