SkyBlue Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Wed Sep 22 2021
This week the median list price for Portland, OR is $599,000 with the market action index hovering around 67. This is less than last month's market action index of 72. Inventory has increased to 1,100. 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

Wed Sep 22 2021
This week the median list price for Portland, OR is $599,000 with the market action index hovering around 67. This is less than last month's market action index of 72. Inventory has increased to 1,100. 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 $574,900
Per Square Foot $297
Average Days on Market 53
Median Days on Market 28
Price Decreased 37%
Price Increased 4%
Relisted 7%
Inventory 1,100
Median Rent $2,100
Market Action 67
Strong Seller's Market

The market is 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
$1,198,000 3,744 0.25 - 0.5 acre 4 3 46 55 36 49
$679,000 2,420 4,500 - 6,500 sqft 4 2 68 79 51 28
$529,000 1,872 4,500 - 6,500 sqft 3 2 69 88 55 21
$399,900 1,260 4,500 - 6,500 sqft 3 1 70 84 71 21