Chicago Title's Current Market Report

Portland, OR

Single-Family Homes

Chicago Title Company of Oregon



Portland, OR

Fri Jul 10 2020
This week the median list price for Portland, OR is $635,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 1,103. 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.

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

Fri Jul 10 2020
This week the median list price for Portland, OR is $635,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 1,103. 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.

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 $635,000
Per Square Foot $258
Days on Market 92
Price Decreased 36%
Price Increased 2%
Relisted 11%
Inventory 1,103
Median Rent $2,250
Most Expensive $8,650,000
Least Expensive $66,000
Market Action 48
Strong Seller's Market

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
$1,150,000 3,928 0.25 - 0.5 acre 4 3 31 23 24 141
$733,945 2,894 4,500 - 6,500 sqft 4 3 28 56 48 80
$525,000 2,280 4,500 - 6,500 sqft 3 2 62 77 66 68
$379,000 1,420 4,500 - 6,500 sqft 3 2 65 93 91 79