First American Market Report

Portland, OR

Single-Family Homes

First American Title Company | www.firstam.com



Portland, OR

Fri Aug 14 2020
This week the median list price for Portland, OR is $649,950 with the market action index hovering around 56. This is an increase over last month's market action index of 51. Inventory has held steady at or around 1,077. 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

Fri Aug 14 2020
This week the median list price for Portland, OR is $649,950 with the market action index hovering around 56. This is an increase over last month's market action index of 51. Inventory has held steady at or around 1,077. 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 $649,950
Per Square Foot $264
Days on Market 91
Price Decreased 37%
Price Increased 3%
Relisted 10%
Inventory 1,077
Median Rent $2,250
Most Expensive $8,650,000
Least Expensive $49,999
Market Action 56
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift 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
$1,200,000 4,231 0.25 - 0.5 acre 4 3 31 33 28 138
$750,000 2,928 4,500 - 6,500 sqft 4 3 30 46 35 84
$559,000 2,294 4,500 - 6,500 sqft 4 2 63 76 87 65
$376,000 1,351 4,500 - 6,500 sqft 3 1 66 92 101 73