First American Market Report

Portland, OR

Single-Family Homes

First American Title Company | www.firstam.com



Portland, OR

Sat Dec 07 2019
This week the median list price for Portland, OR is $550,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has held steady at or around 1395. 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

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

Sat Dec 07 2019
This week the median list price for Portland, OR is $550,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has held steady at or around 1395. 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

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 $550,000
Per Square Foot $251
Days on Market 110
Price Decreased 52%
Price Increased 3%
Relisted 16%
Inventory 1,395
Median Rent $2,095
Most Expensive $8,650,000
Least Expensive $66,000
Market Action 43
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
$1,052,000 3,956 0.25 - 0.5 acre 4 3 32 23 24 153
$669,000 2,714 4,500 - 6,500 sqft 4 2 50 34 51 118
$465,000 1,965 4,500 - 6,500 sqft 3 2 60 53 60 83
$335,000 1,349 6,500 - 8,000 sqft 3 1 64 53 75 83