Your Local Market Report

Portland, OR 97210

Single-Family Homes

WFG National Title Company | oregon.wfgnationaltitle.com



Portland, OR 97210

Tue Jul 17 2018
This week the median list price for Portland, OR 97210 is $1,097,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 48. 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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Portland, OR 97210

Tue Jul 17 2018
This week the median list price for Portland, OR 97210 is $1,097,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 48. 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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $1,097,000
Per Square Foot $312
Days on Market 106
Price Decreased 52%
Price Increased 0%
Relisted 19%
Inventory 48
Median House Rent $3,500
Most Expensive $3,250,000
Least Expensive $225,000
Market Action Index
Slight Buyer's Advantage
29

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,794,000 5,104 0.25 - 0.5 acre 5 3 90 1 0 102
$1,312,000 4,018 6,500 - 8,000 sqft 4 3 75 1 1 95
$887,000 2,954 4,500 - 6,500 sqft 3 2 106 1 1 71
$698,500 2,465 6,500 - 8,000 sqft 3 2 65 2 1 156