First American Market Report

Portland, OR

Single-Family Homes

First American Title Company | www.firstam.com



Portland, OR

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

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 $549,000
Per Square Foot $251
Days on Market 119
Price Decreased 39%
Price Increased 3%
Relisted 21%
Inventory 1300
Median House Rent $1,995
Most Expensive $8,650,000
Least Expensive $23,900
Market Action Index
Slight Seller's Advantage
39

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
$1,000,000 3,748 0.25 - 0.5 acre 4 3 30 19 17 180
$649,000 2,680 4,500 - 6,500 sqft 4 2 38 37 51 110
$459,000 2,004 4,500 - 6,500 sqft 3 2 64 35 55 99
$325,000 1,298 4,500 - 6,500 sqft 3 1 64 50 59 87