Current Portland Property Statistics:
For the most current Portland real estate market recap head to the Market Conditions Reports. To see a detailed report of each area below go to the Portland Section Reports. For a more detailed report e-mail me and request the RMLS market action report, or visit some of my monthly reports on Realty Times. Below is a breif snapshot for the current month.
Date: June 2017 Month End Results
Most recent inventory statistics available in Portland, the average sales price and the average rolling price change from last 12 months to previous 12 months.
Inventory by Area by Month: If no new listings were added to the market the inventory in months tells us how long it would take to clear off the current inventory available at the current rate of sale.
North Portland 1.6 months
West Portland 2.1 months
Northeast Portland 1.5 months
Southeast Portland 1.5 months
Beaverton/Aloha 1.0 months
Hillsboro/Forest Grove 1.3 months
Gresham/Troutdale 1.4 months
Milwaukie/Clackamas 1.7 months
Oregon City/Canby 1.6 months
Lake Oswego/West Linn 2.4 months
NW Washington County 1.8 months
Tigard/Wilsonville 1.4 months
Average Sales Price This Month: This is the average sales price by area for the month.
North Portland $406,400
West Portland $602,900
Northeast Portland $462,900
Southeast Portland $413,200
Hillsboro/Forest Grove $367,700
Oregon City/Canby $402,000
Lake Oswego/West Linn $627,600
NW Washington County $514,200
Average Sales Price Percent Change: This calculate the rolling average sales price over the last 12 months to the rolling average sales price the previous 12 months. This is a great indicator as to if the market is appreciating or depreciating.
North Portland 8.4%
West Portland 12.1%
Northeast Portland 10.2%
Southeast Portland 10.2%
Hillsboro/Forest Grove 12.1%
Oregon City/Canby 8.0%
Lake Oswego/West Linn 6.9%
NW Washington County 11.0%
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