SkyBlue Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Tue Sep 28 2021
This week the median list price for Portland, OR is $589,949 with the market action index hovering around 66. This is less than last month's market action index of 69. Inventory has increased to 1,118. 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

Tue Sep 28 2021
This week the median list price for Portland, OR is $589,949 with the market action index hovering around 66. This is less than last month's market action index of 69. Inventory has increased to 1,118. 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 $589,949
Median Price of New Listings $525,000
Per Square Foot $298
Average Days on Market 53
Median Days on Market 28
Price Decreased 36%
Price Increased 4%
Relisted 8%
Inventory 1,118
Median Rent $1,495
Market Action 66
Strong Seller's Market

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
$1,200,000 3,738 0.25 - 0.5 acre 4 3 54 50 45 49
$675,000 2,452 4,500 - 6,500 sqft 4 2 69 77 80 28
$515,000 1,872 4,500 - 6,500 sqft 3 2 69 94 87 21
$399,900 1,233 4,500 - 6,500 sqft 3 1 70 98 88 21