First American Market Report

Portland, OR

Single-Family Homes

First American Title Company | www.firstam.com



Portland, OR

Mon Nov 18 2019
This week the median list price for Portland, OR is $549,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 1535. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Portland, OR

Mon Nov 18 2019
This week the median list price for Portland, OR is $549,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 1535. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $549,000
Per Square Foot $248
Days on Market 103
Price Decreased 53%
Price Increased 4%
Relisted 16%
Inventory 1,535
Median Rent $2,050
Most Expensive $8,650,000
Least Expensive $49,900
Market Action 42
Slight Seller's Advantage

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
$999,999 3,850 0.25 - 0.5 acre 4 3 38 28 28 147
$659,000 2,688 4,500 - 6,500 sqft 4 2 53 39 58 106
$459,900 1,993 4,500 - 6,500 sqft 3 2 61 55 81 78
$339,900 1,404 4,500 - 6,500 sqft 3 1 62 64 91 79