SkyBlue Portland Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Mon Nov 30 2020
This week the median list price for Portland, OR is $660,000 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has held steady at or around 882. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Portland, OR

Mon Nov 30 2020
This week the median list price for Portland, OR is $660,000 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has held steady at or around 882. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $660,000
Per Square Foot $267
Days on Market 90
Price Decreased 39%
Price Increased 5%
Relisted 12%
Inventory 882
Median Rent $2,150
Most Expensive $7,750,000
Least Expensive $80,000
Market Action 60
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,249,000 4,025 0.25 - 0.5 acre 4 3 52 17 22 146
$759,925 2,943 4,500 - 6,500 sqft 4 3 56 20 46 89
$574,000 2,340 4,500 - 6,500 sqft 3 2 67 54 75 52
$385,000 1,484 4,500 - 6,500 sqft 3 1 69 71 90 73