SkyBlue Portland Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Wed Mar 20 2019
This week the median list price for Portland, OR is $565,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 1266. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Portland, OR

Wed Mar 20 2019
This week the median list price for Portland, OR is $565,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 1266. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $565,000
Per Square Foot $253
Days on Market 109
Price Decreased 36%
Price Increased 3%
Relisted 18%
Inventory 1266
Median House Rent $1,995
Most Expensive $8,650,000
Least Expensive $30,000
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
$999,999 3,755 0.25 - 0.5 acre 4 3 29 41 35 165
$650,000 2,726 4,500 - 6,500 sqft 4 2 40 39 43 101
$479,000 2,065 4,500 - 6,500 sqft 3 2 66 77 66 86
$339,000 1,395 4,500 - 6,500 sqft 3 1 64 77 86 84