First American Market Report

Portland, OR

Single-Family Homes

First American Title Company | www.firstam.com



Portland, OR

Mon Apr 22 2019
This week the median list price for Portland, OR is $559,995 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has held steady at or around 1495. Click here to stay informed with the Portland market!

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

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

Mon Apr 22 2019
This week the median list price for Portland, OR is $559,995 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has held steady at or around 1495. Click here to stay informed with the Portland market!

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

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 $559,995
Per Square Foot $253
Days on Market 95
Price Decreased 36%
Price Increased 3%
Relisted 14%
Inventory 1495
Median House Rent $2,100
Most Expensive $5,900,000
Least Expensive $23,900
Market Action Index
Strong Seller's Market
45

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
$1,049,900 3,820 0.25 - 0.5 acre 4 3 29 40 24 150
$650,000 2,675 4,500 - 6,500 sqft 4 2 43 54 45 89
$479,000 2,049 4,500 - 6,500 sqft 3 2 63 95 69 64
$346,450 1,383 4,500 - 6,500 sqft 3 1 66 121 85 77