Your Local Market Report

Portland, OR 97210

Single-Family Homes

WFG National Title Company | oregon.wfgnationaltitle.com



Portland, OR 97210

Tue Feb 20 2018
This week the median list price for undefined is $1,059,450 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 18. 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

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 97210

Tue Feb 20 2018
This week the median list price for undefined is $1,059,450 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 18. 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

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 $1,059,450
Per Square Foot $309
Days on Market 180
Price Decreased 28%
Price Increased 11%
Relisted 17%
Inventory 18
Median House Rent $3,400
Most Expensive $1,788,000
Least Expensive $335,000
Market Action Index
Slight Seller's Advantage
36

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
$1,712,500 4,351 8,000 - 10,000 sqft 4 3 87 1 0 119
$1,410,000 3,954 8,000 - 10,000 sqft 3 3 86 1 0 257
$975,000 3,267 4,500 - 6,500 sqft 4 3 92 0 0 144
$745,000 2,576 4,500 - 6,500 sqft 3 2 92 0 0 204