SkyBlue Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Sat Dec 03 2022
This week the median list price for Portland, OR is $575,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 1,380. 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

Sat Dec 03 2022
This week the median list price for Portland, OR is $575,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 1,380. 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 $575,000
Median Price of New Listings $564,450
Per Square Foot $308
Average Days on Market 81
Median Days on Market 56
Price Decreased 58%
Price Increased 2%
Relisted 14%
Inventory 1,380
Median Rent
Market Action 41
Slight Seller's Advantage

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
$1,059,000 3,327 8,000 - 10,000 sqft 4 3 47 26 34 70
$654,900 2,304 4,500 - 6,500 sqft 4 2 68 36 47 49
$499,000 1,812 4,500 - 6,500 sqft 3 2 70 31 51 56
$390,000 1,190 4,500 - 6,500 sqft 3 1 68 33 53 63