SkyBlue Portland Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Thu Jan 17 2019
This week the median list price for Portland, OR is $539,450 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 1346. Click here to stay informed with the Portland market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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

Thu Jan 17 2019
This week the median list price for Portland, OR is $539,450 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 1346. Click here to stay informed with the Portland market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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 $539,450
Per Square Foot $247
Days on Market 122
Price Decreased 49%
Price Increased 3%
Relisted 16%
Inventory 1346
Median House Rent $1,895
Most Expensive $8,650,000
Least Expensive $23,900
Market Action Index
Slight Seller's Advantage
38

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
$995,050 3,729 0.25 - 0.5 acre 4 3 34 19 23 168
$640,700 2,658 4,500 - 6,500 sqft 4 2 36 24 31 119
$454,000 2,006 4,500 - 6,500 sqft 3 2 64 38 50 104
$324,900 1,315 4,500 - 6,500 sqft 3 1 65 42 58 95