SkyBlue Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Wed Dec 07 2022
This week the median list price for Portland, OR is $576,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 1,278. 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 Dec 07 2022
This week the median list price for Portland, OR is $576,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 1,278. 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 $576,000
Median Price of New Listings $550,000
Per Square Foot $311
Average Days on Market 88
Median Days on Market 63
Price Decreased 57%
Price Increased 2%
Relisted 13%
Inventory 1,278
Median Rent
Market Action 41
Slight Seller's Advantage

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
$1,059,000 3,355 8,000 - 10,000 sqft 4 3 46 9 27 77
$659,900 2,269 4,500 - 6,500 sqft 3 2 69 16 42 49
$499,000 1,797 4,500 - 6,500 sqft 3 2 69 15 48 63
$389,000 1,186 4,500 - 6,500 sqft 3 1 68 14 39 66