First American Market Report

Portland, OR

Single-Family Homes

First American Title Company | www.firstam.com



Portland, OR

Wed Jun 16 2021
This week the median list price for Portland, OR is $639,000 with the market action index hovering around 92. This is an increase over last month's market action index of 90. Inventory has increased to 872. 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.

Strong Seller's Market

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 Jun 16 2021
This week the median list price for Portland, OR is $639,000 with the market action index hovering around 92. This is an increase over last month's market action index of 90. Inventory has increased to 872. 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.

Strong Seller's Market

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 $639,000
Median Price of New Listings $540,000
Per Square Foot $298
Average Days on Market 46
Median Days on Market 14
Price Decreased 24%
Price Increased 4%
Relisted 8%
Inventory 872
Median Rent $1,700
Market Action 92
Strong Seller's Market

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
$1,250,000 3,935 0.25 - 0.5 acre 5 3 49 39 33 28
$725,000 2,610 4,500 - 6,500 sqft 4 2 72 84 50 14
$532,450 1,944 4,500 - 6,500 sqft 3 2 69 101 68 7
$409,950 1,334 4,500 - 6,500 sqft 3 1 66 103 79 7