DILL WARD, Realtor | Urban Nest Realty

Portland, OR

Single-Family Homes

503-278-9697 | dillwardgroup.com | dill@dillwardgroup.com



Portland, OR

Tue Jul 17 2018
This week the median list price for Portland, OR is $549,100 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 1947. 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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes it’s 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

Tue Jul 17 2018
This week the median list price for Portland, OR is $549,100 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 1947. 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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes it’s 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 $549,100
Per Square Foot $250
Days on Market 71
Price Decreased 49%
Price Increased 3%
Relisted 12%
Inventory 1947
Median House Rent $2,000
Most Expensive $8,650,000
Least Expensive $35,000
Market Action Index
Strong Seller's Market
47

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$949,000 3,701 0.25 - 0.5 acre 4 3 37 39 26 103
$639,000 2,639 4,500 - 6,500 sqft 4 2 54 68 57 68
$475,000 2,030 4,500 - 6,500 sqft 3 2 64 64 69 58
$349,000 1,400 4,500 - 6,500 sqft 3 1 63 94 78 55