First American Market Report

Portland, OR 97205

Single-Family Homes

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Current active inventory in Portland, OR 97205 is very low. Keep this in mind when looking at this report.

Portland, OR 97205

Fri Mar 29 2024
This week the median list price for Portland, OR 97205 is $1,200,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has decreased to 3. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Portland, OR 97205

Fri Mar 29 2024
This week the median list price for Portland, OR 97205 is $1,200,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has decreased to 3. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Portland market.
Median List Price $1,200,000
Median Price of New Listings $1,200,000
Per Square Foot $374
Average Days on Market 84
Median Days on Market 105
Price Decreased 67%
Price Increased 0%
Relisted 67%
Inventory 3
Median Rent
Market Action 52
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$2,385,000 4,455 8,000 - 10,000 sqft 5 4.5 101 0 0 28
$1,200,000 5,079 4,500 - 6,500 sqft 12 3.5 128 1 1 119
$889,900 2,376 4,500 - 6,500 sqft 3 2 95 0 0 105