Your Local Market Report

Portland, OR 97210

Single-Family Homes

WFG National Title Company | oregon.wfgnationaltitle.com



Portland, OR 97210

Wed Sep 26 2018
This week the median list price for Portland, OR 97210 is $958,800 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has held steady at or around 49. 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 Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Portland, OR 97210

Wed Sep 26 2018
This week the median list price for Portland, OR 97210 is $958,800 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has held steady at or around 49. 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 Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $958,800
Per Square Foot $312
Days on Market 91
Price Decreased 51%
Price Increased 0%
Relisted 16%
Inventory 49
Median House Rent $2,695
Most Expensive $2,175,000
Least Expensive $199,900
Market Action Index
Slight Seller's Advantage
33

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,597,500 5,104 0.25 - 0.5 acre 4 3 91 0 1 80
$1,219,500 3,476 6,500 - 8,000 sqft 4 3 64 0 0 97
$843,700 2,868 4,500 - 6,500 sqft 3 2 70 2 0 92
$499,000 2,011 6,500 - 8,000 sqft 3 2 46 1 1 93