SkyBlue Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Mon Jan 17 2022
This week the median list price for Portland, OR is $572,400 with the market action index hovering around 69. This is less than last month's market action index of 70. Inventory has decreased to 444. 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

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

Mon Jan 17 2022
This week the median list price for Portland, OR is $572,400 with the market action index hovering around 69. This is less than last month's market action index of 70. Inventory has decreased to 444. 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

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 $572,400
Median Price of New Listings $499,900
Per Square Foot $315
Average Days on Market 83
Median Days on Market 49
Price Decreased 29%
Price Increased 4%
Relisted 13%
Inventory 444
Median Rent $2,195
Market Action 69
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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 3,618 0.25 - 0.5 acre 4 3.5 61 13 13 112
$669,000 2,300 4,500 - 6,500 sqft 3 2.5 74 40 23 35
$496,900 1,603 4,500 - 6,500 sqft 3 2 66 40 30 35
$399,000 1,170 4,500 - 6,500 sqft 3 1 70 41 46 49