SkyBlue Real Estate Group

Portland, OR

Single-Family Homes

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



Portland, OR

Fri Sep 30 2022
This week the median list price for Portland, OR is $580,950 with the market action index hovering around 43. This is less than last month's market action index of 47. Inventory has held steady at or around 1,556. 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

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

Fri Sep 30 2022
This week the median list price for Portland, OR is $580,950 with the market action index hovering around 43. This is less than last month's market action index of 47. Inventory has held steady at or around 1,556. 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

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 $580,950
Median Price of New Listings $599,000
Per Square Foot $311
Average Days on Market 64
Median Days on Market 49
Price Decreased 55%
Price Increased 2%
Relisted 13%
Inventory 1,556
Median Rent
Market Action 43
Slight Seller's Advantage

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
$1,099,950 3,348 8,000 - 10,000 sqft 4 3 54 61 59 56
$650,000 2,312 4,500 - 6,500 sqft 4 2.5 69 74 79 42
$500,000 1,763 4,500 - 6,500 sqft 3 2 70 58 66 42
$399,900 1,228 4,500 - 6,500 sqft 3 1 67 58 74 42