Metro Portland, Oregon Ma
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Metro Portland, Oregon March Residential Highlights New listings in the Portland metro area saw a slight gain compared to last year this March. At 3,648 for the month, new listings edged 1.2% over the 3,604 new listings offered last year in March 2017 and were 44.2% warmer than last month in February 2018 (2,530). This was the best March for new listings in the area since 2010, when 4,987 new listings were offered. Closed sales (2,371) were 4.9% cooler than the 2,494 closings recorded in March 2017 but ended 31.3% warmer than the 1,806 closings recorded last month in February 2018.
March 2018 Reporting Period
Inventory in the Portland metro area decreased slightly to 1.6 months in March, with total market time decreasing to 55 days. There were 3,844 active residential listings in the metro area in March.
Average and Median Sale Prices Comparing the average price of homes sold in the twelve months ending March 31st of this year ($435,000) with the average price of homes in the twelve months ending March 2017 ($404,200) shows an increase of 7.6%. In the same comparison, the median has increased 8.8% from $353,800 to $385,000.
Inventory in Months* 2016 2017 2018 January 1.8 1.7 2.2 February 1.8 1.9 1.9 March 1.3 1.3 1.6 April 1.4 1.7 May 1.4 1.5 June 1.5 1.6 July 1.9 2.1 August 1.9 2.0 September 2.0 2.3 October 2.0 2.1 November 1.8 1.9 December 1.3 1.6 *Inventory in Months is calculated by dividing the Active Residential Listings at the end of the month in question by the number of closed sales for that month. This includes proposed and under construction homes. Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Pending sales fared similarly, cooling 4.9% from March 2017 (3,043) despite a 23.8% increase over the 2,337 offers accepted last month in February 2018.
Average Sale Price % Change: +7.6% ($435,000 v. $404,200) Median Sale Price % Change: +8.8% ($385,000 v. $353,800)
For further explanation of this measure, see the second footnote on page 2.
Change
2017
2018
Portland Metro Residential Highlights
New Listings
Pending Sales
Closed Sales
Average Sale Price
Median Sale Price
Total Market Time
March
3,648
2,894
2,371
445,900
395,000
55
February
2,530
2,337
1,806
441,900
385,000
69
Year-to-date
8,736
7,381
5,956
442,100
390,200
61
March
3,604
3,043
2,494
428,400
370,000
58
Year-to-date
8,413
7,250
6,166
415,500
359,900
59
March
1.2%
-4.9%
-4.9%
4.1%
6.8%
-5.0%
Prev Mo 2018
44.2%
23.8%
31.3%
0.9%
2.6%
-20.3%
Year-to-date
3.8%
1.8%
-3.4%
6.4%
8.4%
3.1%
© Copyright RMLS™ 2018. All Rights Reserved.
AREA REPORT • 3/2018 Portland Metropolitan Area, Oregon RESIDENTIAL
COMMERCIAL
LAND
MULTIFAMILY
Year-To-Date
Year-To-Date
Year-To-Date
431,400
400,000
6.6%
5
492,300
7
334,400
8
972,700
NE Portland
307
350
60
248
-4.6%
207
478,900
56
743
623
3.7%
525
464,100
415,000
7.3%
9
384,900
14
325,400
22
756,000
SE Portland
393
410
68
314
-18.2%
283
418,600
51
958
846
-6.6%
729
407,400
360,000
8.4%
8
474,100
11
280,800
30
744,800
144
Gresham/ Troutdale
212
217
35
203
18.7%
165
356,400
45
536
509
14.4%
408
351,200
337,200
12.0%
6
641,100
14
229,100
11
369,800
145
Milwaukie/ Clackamas
332
297
58
222
-8.3%
188
423,400
61
727
610
8.3%
507
422,000
399,900
9.4%
4
734,100
15
259,800
7
454,600
146
Oregon City/ Canby
214
194
26
173
10.9%
133
396,500
47
471
396
0.3%
304
397,000
366,000
6.0%
4
291,200
17
548,400
5
483,200
147
Lake Oswego/ West Linn
306
225
52
188
31.5%
117
631,100
82
535
405
16.4%
307
652,800
580,000
6.1%
1
615,000
6
440,100
3
828,300
W Portland
654
450
103
272
-22.1%
217
597,200
60
998
684
-12.6%
551
601,600
510,000
3.1%
1
866,500
9
112,700
3
536,300
NW Wash Co.
185
201
24
171
18.8%
119
550,200
61
483
423
15.6%
324
543,200
523,000
7.5%
9
331,000
150
Beaverton/ Aloha
160
277
27
240
-1.2%
233
386,000
39
722
664
10.9%
539
378,600
368,000
9.1%
2
175,000
4
666,600
Tigard/ Wilsonville
313
317
30
269
-13.2%
242
456,700
56
852
736
5.0%
583
444,900
420,000
7.4%
13
547,600
3
526,500
Hillsboro/ Forest Grove
189
242
31
203
-14.0%
148
403,800
45
564
500
-10.1%
380
393,500
365,000
9.9%
15
352,700
10
394,000
41
18
5
16
-5.9%
11
360,800
90
49
46
4.5%
38
324,400
305,400
14.1%
11
77,500
1
536,500
Columbia Co.
152
111
15
93
-1.1%
81
301,700
70
299
244
22.0%
187
298,700
290,000
11.8%
1
179,000
26
206,400
1
265,900
Yamhill Co.
238
170
29
156
-4.3%
133
373,300
68
436
386
-11.3%
315
361,200
319,000
10.6%
2
414,500
17
510,000
10
263,600
142 143 148 149 153 155 156 1
Closed Sales
Pending Sales
New Listings
Total Market Time
Average Sale Price
Closed Sales -
3
-
231,000 -
3 -
388,300 -
Average Sale Price
259
Closed Sales
0.3%
Average Sale Price
309
Average Sale Price
363
Avg. Sale Price % Change2
54
Median Sale Price
438,700
Average Sale Price
94
Closed Sales
-3.8%
Mt. Hood
Pending Sales 2018 v. 20171
Pending Sales 2018 v. 20171
126
3
Pending Sales
23
Closed Sales
New Listings 169
Expired.Canceled Listings
Active Listings 148
141
N Portland
151
Year-To-Date
152
Current Month
-
-
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2018 with March 2017. The YearTo-Date section compares 2018 year-to-date statistics through March with 2017 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/17-3/31/18) with 12 months before (4/1/16-3/31/17).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.
2 © Copyright RMLS™ 2018. All Rights Reserved.
8,500
ACTIVE RESIDENTIAL LISTINGS
7,500
PORTLAND, OR
6,500
This graph shows the active
5,500
residential listings over the
4,500
past three calendar years in
3,500
the greater Portland,
2,500
Oregon metropolitan area.
Active Residential Listings
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2016 3,305 3,226 3,318 3,721 4,003 4,762 5,360 5,645 5,614 5,169 4,354 3,511 2017 3,214 3,109 3,313 3,753 4,325 5,211 5,785 5,940 5,998 5,415 4,596 3,771 2018 3,518 3,441 3,844
TOTAL ACTIVE LISTINGS PORTLAND, OR
Total Active Listings 11,000 10,000
This graph shows the
9,000
total active listings over
8,000
the past three calendar
7,000
years in the greater
6,000
Portland, Oregon
5,000
metropolitan area.
4,000
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2016 4,743 4,674 4,754 5,140 5,438 6,279 6,917 7,220 7,132 6,647 5,767 4,731 2017 4,386 4,315 4,553 5,006 5,656 6,626 7,239 7,400 7,430 6,855 6,026 5,022 2018 4,774 4,746 5,163
NEW LISTINGS
New Listings
PORTLAND, OR
This graph shows the
5,000 4,500
new residential listings
4,000 3,500
over the past three
3,000
calendar years in the
2,500 2,000
greater Portland, Oregon
1,500 1,000
metropolitan area.
2016
2017
2018
3 © Copyright RMLS™ 2018. All Rights Reserved.
PENDING LISTINGS Pending Sales
PORTLAND, OR
4,000
This graph represents
3,500
monthly accepted offers
3,000
in the Portland, Oregon
2,500
metropolitan area over
2,000
the past three calendar
1,500
years.
1,000
2016
2017
2018
CLOSED SALES
Closed Sales
PORTLAND, OR
This graph shows the
3,500
closed sales over the past
3,000
five calendar years in the
2,500 2014
2,000
greater Portland, Oregon
1,500
metropolitan area.
1,000
2015 2016 2017
500
2018
0
DAYS ON MARKET
Average Total Market Time 80
PORTLAND, OR
70
This graph shows the
60
average market time for
50
sales in the Portland,
40
Oregon metropolitan area
30
over the past three calendar
20
years. 2016 TMT
2017 TMT
2018 TMT
4 © Copyright RMLS™ 2018. All Rights Reserved.
SALE PRICE
This graph represents the average and median sale price for all homes sold in
PORTLAND, OR
the Portland, Oregon metropolitan area.
Average and Median Sale Price $475,000 $425,000 $375,000 $325,000 $275,000
Average Sale Price
Mar-18
Dec-17
Sep-17
Jun-17
Mar-17
Dec-16
Sep-16
Jun-16
Mar-16
Dec-15
Jun-15
Sep-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Jun-13
Sep-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
Sep-11
Jun-11
Mar-11
Dec-10
Jun-10
Sep-10
$175,000
Mar-10
$225,000
Median Sale Price
MEDIAN SALE PRICE
Median Sale Price: Portland, OR & Clark Co., WA
PORTLAND, OR
$450,000 $400,000 $350,000
This graph shows the
$300,000
median sale price over
$250,000
the past 12 months in
$200,000
the greater Portland,
$150,000
Oregon, metropolitan
$100,000 MAR
APR
MAY
JUN
JUL
AUG
Clark County
SEP
OCT
NOV
DEC
JAN
Metro Portland, OR
5 © Copyright RMLS™ 2018. All Rights Reserved.
FEB
MAR
area and Clark County.
MEDIAN SALE PRICE March 2018
SW WASHINGTON
$349,900
$385,000
Woodland
N/NE Clark County
$311,000
PORTLAND
$405,000
Battle Ground
Ridgefield/La Center
METRO
$ 286,700 Columbia County $471,500 Salmon Creek $364,000 Felida
$ 490,800 North Washington County Sauvie Island
Hockinson $306,500 Hazel Dell Minnehaha
$302,300 5 Corners Orch.
$288,300 Cent. Vancouver
$ 371,200
$ 375,000 Beaverton Aloha
$ 425,000 Tigard/Tualatin Sherwood Wilsonville
$ 520,000 West Portland
$414,500 Camas/Washougal $ 440,000 NE Portland $ 356,300 SE Portland $ 399,000
$ 563,300
Milwaukie/Gladstone/ Boring/Clackamas Estacada
Lake Oswego West Linn
$ 330,000 $ 370,000 Oregon City Canby Molalla Beavercreek
Yamhill County
6
$320,000 Cascade Park
$339,400 Heights
$ 410,000 N Portland
Hillsboro Forest Grove
$352,300 Brush Prairie
© Copyright RMLS™ 2018. All Rights Reserved.
$ 339,900 Gresham Troutdale Sandy Corbett Fairview
$ 325,000 Mt. Hood: Zigzag Welches Rhododendron Wemme Brightwood Government Camp
MULTIPLE LISTING SERVICE
ACTIVE & CLOSED CONDOS
This graph shows the number of active and closed condos in the Portland, Oregon, metropolitan area.
PORTLAND, OR
Contact RMLS™ 8338 NE Alderwood Rd Suite 230 Portland, OR 97220 (503) 236-7657 [email protected]
Active & Closed Condos 600 500 400 300
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
200 100 0
Active Listings
Market Action Reports are compiled for the following areas: Portland metropolitan area, Southwest Washington, Mid-Columbia, Columbia Basin, Baker County, Coos County, Curry County, Douglas County, Grant County, Josephine County, Lane County, North Coastal Counties, Polk & Marion Counties, Union County, and Wallowa County.
MEDIAN SALE PRICE CONDOS PORTLAND, OR
Closed Sales
This graph represents the median sale price for all condos sold in the last three calendar years in the Portland, Oregon metropolitan area. Median Condo Sale Price
$300,000 $275,000 $250,000 $225,000 $200,000 $175,000 $150,000
™
RMLS was formed by area Boards and Associations of REALTORS® in 1991.
$125,000
2016
E-mail subscriptions are available for $45 per year by contacting RMLS™. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
2017
2018
Lori Palermo, Chairwoman of the Board Kurt von Wasmuth, President/CEO Tyler Chaudhary, Editor © Copyright RMLS™ 2018. All Rights Reserved.
March 2018 Reporting Period
Inventory in the Portland metro area decreased slightly to 1.6 months in March, with total market time decreasing to 55 days. There were 3,844 active residential listings in the metro area in March.
Average and Median Sale Prices Comparing the average price of homes sold in the twelve months ending March 31st of this year ($435,000) with the average price of homes in the twelve months ending March 2017 ($404,200) shows an increase of 7.6%. In the same comparison, the median has increased 8.8% from $353,800 to $385,000.
Inventory in Months* 2016 2017 2018 January 1.8 1.7 2.2 February 1.8 1.9 1.9 March 1.3 1.3 1.6 April 1.4 1.7 May 1.4 1.5 June 1.5 1.6 July 1.9 2.1 August 1.9 2.0 September 2.0 2.3 October 2.0 2.1 November 1.8 1.9 December 1.3 1.6 *Inventory in Months is calculated by dividing the Active Residential Listings at the end of the month in question by the number of closed sales for that month. This includes proposed and under construction homes. Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Pending sales fared similarly, cooling 4.9% from March 2017 (3,043) despite a 23.8% increase over the 2,337 offers accepted last month in February 2018.
Average Sale Price % Change: +7.6% ($435,000 v. $404,200) Median Sale Price % Change: +8.8% ($385,000 v. $353,800)
For further explanation of this measure, see the second footnote on page 2.
Change
2017
2018
Portland Metro Residential Highlights
New Listings
Pending Sales
Closed Sales
Average Sale Price
Median Sale Price
Total Market Time
March
3,648
2,894
2,371
445,900
395,000
55
February
2,530
2,337
1,806
441,900
385,000
69
Year-to-date
8,736
7,381
5,956
442,100
390,200
61
March
3,604
3,043
2,494
428,400
370,000
58
Year-to-date
8,413
7,250
6,166
415,500
359,900
59
March
1.2%
-4.9%
-4.9%
4.1%
6.8%
-5.0%
Prev Mo 2018
44.2%
23.8%
31.3%
0.9%
2.6%
-20.3%
Year-to-date
3.8%
1.8%
-3.4%
6.4%
8.4%
3.1%
© Copyright RMLS™ 2018. All Rights Reserved.
AREA REPORT • 3/2018 Portland Metropolitan Area, Oregon RESIDENTIAL
COMMERCIAL
LAND
MULTIFAMILY
Year-To-Date
Year-To-Date
Year-To-Date
431,400
400,000
6.6%
5
492,300
7
334,400
8
972,700
NE Portland
307
350
60
248
-4.6%
207
478,900
56
743
623
3.7%
525
464,100
415,000
7.3%
9
384,900
14
325,400
22
756,000
SE Portland
393
410
68
314
-18.2%
283
418,600
51
958
846
-6.6%
729
407,400
360,000
8.4%
8
474,100
11
280,800
30
744,800
144
Gresham/ Troutdale
212
217
35
203
18.7%
165
356,400
45
536
509
14.4%
408
351,200
337,200
12.0%
6
641,100
14
229,100
11
369,800
145
Milwaukie/ Clackamas
332
297
58
222
-8.3%
188
423,400
61
727
610
8.3%
507
422,000
399,900
9.4%
4
734,100
15
259,800
7
454,600
146
Oregon City/ Canby
214
194
26
173
10.9%
133
396,500
47
471
396
0.3%
304
397,000
366,000
6.0%
4
291,200
17
548,400
5
483,200
147
Lake Oswego/ West Linn
306
225
52
188
31.5%
117
631,100
82
535
405
16.4%
307
652,800
580,000
6.1%
1
615,000
6
440,100
3
828,300
W Portland
654
450
103
272
-22.1%
217
597,200
60
998
684
-12.6%
551
601,600
510,000
3.1%
1
866,500
9
112,700
3
536,300
NW Wash Co.
185
201
24
171
18.8%
119
550,200
61
483
423
15.6%
324
543,200
523,000
7.5%
9
331,000
150
Beaverton/ Aloha
160
277
27
240
-1.2%
233
386,000
39
722
664
10.9%
539
378,600
368,000
9.1%
2
175,000
4
666,600
Tigard/ Wilsonville
313
317
30
269
-13.2%
242
456,700
56
852
736
5.0%
583
444,900
420,000
7.4%
13
547,600
3
526,500
Hillsboro/ Forest Grove
189
242
31
203
-14.0%
148
403,800
45
564
500
-10.1%
380
393,500
365,000
9.9%
15
352,700
10
394,000
41
18
5
16
-5.9%
11
360,800
90
49
46
4.5%
38
324,400
305,400
14.1%
11
77,500
1
536,500
Columbia Co.
152
111
15
93
-1.1%
81
301,700
70
299
244
22.0%
187
298,700
290,000
11.8%
1
179,000
26
206,400
1
265,900
Yamhill Co.
238
170
29
156
-4.3%
133
373,300
68
436
386
-11.3%
315
361,200
319,000
10.6%
2
414,500
17
510,000
10
263,600
142 143 148 149 153 155 156 1
Closed Sales
Pending Sales
New Listings
Total Market Time
Average Sale Price
Closed Sales -
3
-
231,000 -
3 -
388,300 -
Average Sale Price
259
Closed Sales
0.3%
Average Sale Price
309
Average Sale Price
363
Avg. Sale Price % Change2
54
Median Sale Price
438,700
Average Sale Price
94
Closed Sales
-3.8%
Mt. Hood
Pending Sales 2018 v. 20171
Pending Sales 2018 v. 20171
126
3
Pending Sales
23
Closed Sales
New Listings 169
Expired.Canceled Listings
Active Listings 148
141
N Portland
151
Year-To-Date
152
Current Month
-
-
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2018 with March 2017. The YearTo-Date section compares 2018 year-to-date statistics through March with 2017 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/17-3/31/18) with 12 months before (4/1/16-3/31/17).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.
2 © Copyright RMLS™ 2018. All Rights Reserved.
8,500
ACTIVE RESIDENTIAL LISTINGS
7,500
PORTLAND, OR
6,500
This graph shows the active
5,500
residential listings over the
4,500
past three calendar years in
3,500
the greater Portland,
2,500
Oregon metropolitan area.
Active Residential Listings
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2016 3,305 3,226 3,318 3,721 4,003 4,762 5,360 5,645 5,614 5,169 4,354 3,511 2017 3,214 3,109 3,313 3,753 4,325 5,211 5,785 5,940 5,998 5,415 4,596 3,771 2018 3,518 3,441 3,844
TOTAL ACTIVE LISTINGS PORTLAND, OR
Total Active Listings 11,000 10,000
This graph shows the
9,000
total active listings over
8,000
the past three calendar
7,000
years in the greater
6,000
Portland, Oregon
5,000
metropolitan area.
4,000
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2016 4,743 4,674 4,754 5,140 5,438 6,279 6,917 7,220 7,132 6,647 5,767 4,731 2017 4,386 4,315 4,553 5,006 5,656 6,626 7,239 7,400 7,430 6,855 6,026 5,022 2018 4,774 4,746 5,163
NEW LISTINGS
New Listings
PORTLAND, OR
This graph shows the
5,000 4,500
new residential listings
4,000 3,500
over the past three
3,000
calendar years in the
2,500 2,000
greater Portland, Oregon
1,500 1,000
metropolitan area.
2016
2017
2018
3 © Copyright RMLS™ 2018. All Rights Reserved.
PENDING LISTINGS Pending Sales
PORTLAND, OR
4,000
This graph represents
3,500
monthly accepted offers
3,000
in the Portland, Oregon
2,500
metropolitan area over
2,000
the past three calendar
1,500
years.
1,000
2016
2017
2018
CLOSED SALES
Closed Sales
PORTLAND, OR
This graph shows the
3,500
closed sales over the past
3,000
five calendar years in the
2,500 2014
2,000
greater Portland, Oregon
1,500
metropolitan area.
1,000
2015 2016 2017
500
2018
0
DAYS ON MARKET
Average Total Market Time 80
PORTLAND, OR
70
This graph shows the
60
average market time for
50
sales in the Portland,
40
Oregon metropolitan area
30
over the past three calendar
20
years. 2016 TMT
2017 TMT
2018 TMT
4 © Copyright RMLS™ 2018. All Rights Reserved.
SALE PRICE
This graph represents the average and median sale price for all homes sold in
PORTLAND, OR
the Portland, Oregon metropolitan area.
Average and Median Sale Price $475,000 $425,000 $375,000 $325,000 $275,000
Average Sale Price
Mar-18
Dec-17
Sep-17
Jun-17
Mar-17
Dec-16
Sep-16
Jun-16
Mar-16
Dec-15
Jun-15
Sep-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Jun-13
Sep-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
Sep-11
Jun-11
Mar-11
Dec-10
Jun-10
Sep-10
$175,000
Mar-10
$225,000
Median Sale Price
MEDIAN SALE PRICE
Median Sale Price: Portland, OR & Clark Co., WA
PORTLAND, OR
$450,000 $400,000 $350,000
This graph shows the
$300,000
median sale price over
$250,000
the past 12 months in
$200,000
the greater Portland,
$150,000
Oregon, metropolitan
$100,000 MAR
APR
MAY
JUN
JUL
AUG
Clark County
SEP
OCT
NOV
DEC
JAN
Metro Portland, OR
5 © Copyright RMLS™ 2018. All Rights Reserved.
FEB
MAR
area and Clark County.
MEDIAN SALE PRICE March 2018
SW WASHINGTON
$349,900
$385,000
Woodland
N/NE Clark County
$311,000
PORTLAND
$405,000
Battle Ground
Ridgefield/La Center
METRO
$ 286,700 Columbia County $471,500 Salmon Creek $364,000 Felida
$ 490,800 North Washington County Sauvie Island
Hockinson $306,500 Hazel Dell Minnehaha
$302,300 5 Corners Orch.
$288,300 Cent. Vancouver
$ 371,200
$ 375,000 Beaverton Aloha
$ 425,000 Tigard/Tualatin Sherwood Wilsonville
$ 520,000 West Portland
$414,500 Camas/Washougal $ 440,000 NE Portland $ 356,300 SE Portland $ 399,000
$ 563,300
Milwaukie/Gladstone/ Boring/Clackamas Estacada
Lake Oswego West Linn
$ 330,000 $ 370,000 Oregon City Canby Molalla Beavercreek
Yamhill County
6
$320,000 Cascade Park
$339,400 Heights
$ 410,000 N Portland
Hillsboro Forest Grove
$352,300 Brush Prairie
© Copyright RMLS™ 2018. All Rights Reserved.
$ 339,900 Gresham Troutdale Sandy Corbett Fairview
$ 325,000 Mt. Hood: Zigzag Welches Rhododendron Wemme Brightwood Government Camp
MULTIPLE LISTING SERVICE
ACTIVE & CLOSED CONDOS
This graph shows the number of active and closed condos in the Portland, Oregon, metropolitan area.
PORTLAND, OR
Contact RMLS™ 8338 NE Alderwood Rd Suite 230 Portland, OR 97220 (503) 236-7657 [email protected]
Active & Closed Condos 600 500 400 300
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
200 100 0
Active Listings
Market Action Reports are compiled for the following areas: Portland metropolitan area, Southwest Washington, Mid-Columbia, Columbia Basin, Baker County, Coos County, Curry County, Douglas County, Grant County, Josephine County, Lane County, North Coastal Counties, Polk & Marion Counties, Union County, and Wallowa County.
MEDIAN SALE PRICE CONDOS PORTLAND, OR
Closed Sales
This graph represents the median sale price for all condos sold in the last three calendar years in the Portland, Oregon metropolitan area. Median Condo Sale Price
$300,000 $275,000 $250,000 $225,000 $200,000 $175,000 $150,000
™
RMLS was formed by area Boards and Associations of REALTORS® in 1991.
$125,000
2016
E-mail subscriptions are available for $45 per year by contacting RMLS™. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
2017
2018
Lori Palermo, Chairwoman of the Board Kurt von Wasmuth, President/CEO Tyler Chaudhary, Editor © Copyright RMLS™ 2018. All Rights Reserved.
