First American Market Report

Portland, OR

Single-Family Homes

First American Title Company | www.firstam.com


Portland, OR

Tue Jun 18 2019
This week the median list price for Portland, OR is $570,000 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has held steady at or around 1881. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Portland, OR

Tue Jun 18 2019
This week the median list price for Portland, OR is $570,000 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has held steady at or around 1881. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $570,000
Per Square Foot $248
Days on Market 80
Price Decreased 44%
Price Increased 2%
Relisted 13%
Inventory 1881
Median House Rent $2,173
Most Expensive $5,900,000
Least Expensive $13,900
Market Action Index
Strong Seller's Market 		46

The market appears to be 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
$992,950 3,790 0.25 - 0.5 acre 4 3 38 51 41 120
$659,900 2,744 4,500 - 6,500 sqft 4 2 53 76 57 77
$489,812 2,150 4,500 - 6,500 sqft 3 2 67 114 73 61
$350,000 1,402 4,500 - 6,500 sqft 3 1 64 115 95 63