Your Local Market Report

Portland, OR 97210

Single-Family Homes

WFG National Title Company | oregon.wfgnationaltitle.com



Portland, OR 97210

Fri Dec 14 2018
This week the median list price for Portland, OR 97210 is $1,000,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 35. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Portland, OR 97210

Fri Dec 14 2018
This week the median list price for Portland, OR 97210 is $1,000,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 35. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $1,000,000
Per Square Foot $308
Days on Market 126
Price Decreased 54%
Price Increased 3%
Relisted 20%
Inventory 35
Median House Rent $2,423
Most Expensive $3,200,000
Least Expensive $275,000
Market Action Index
Slight Seller's Advantage
33

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$1,685,000 5,248 8,000 - 10,000 sqft 4 3 84 1 0 164
$1,245,000 3,725 6,500 - 8,000 sqft 4 3 95 0 1 127
$888,888 2,691 4,500 - 6,500 sqft 3 2 38 0 2 126
$529,000 2,088 4,500 - 6,500 sqft 3 2 44 0 0 91