SkyBlue Portland Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Wed Oct 23 2019
This week the median list price for Portland, OR is $549,900 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 1796. 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.

Slight Seller's Advantage

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

Wed Oct 23 2019
This week the median list price for Portland, OR is $549,900 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 1796. 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.

Slight Seller's Advantage

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 $549,900
Per Square Foot $247
Days on Market 96
Price Decreased 56%
Price Increased 3%
Relisted 16%
Inventory 1,796
Median House Rent $2,150
Most Expensive $8,650,000
Least Expensive $67,900
Market Action Index
Slight Seller's Advantage
41

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
$995,000 3,735 0.25 - 0.5 acre 4 3 40 24 37 136
$649,900 2,680 4,500 - 6,500 sqft 4 2 63 43 62 99
$469,900 2,053 4,500 - 6,500 sqft 3 2 57 63 82 72
$340,000 1,392 4,500 - 6,500 sqft 3 2 63 66 79 75