Metro Portland, Oregon No - Bella Casa Real Estate Group
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Metro Portland, Oregon November 2014 Reporting Period November Residential Highlights The Portland metro area saw cooler real estate activity this November, but numbers are still higher compared to last November. Closed sales (1,937) fared 6.4% better than last November’s closings (1,821), despite a 22.1% decrease from October’s 2,487 closings. Pending sales, at 2,091, were 14.4% higher than last November (1,827) but 15.7% lower than October (2,480). New listings (1,922) decreased 2.7% from last November (1,976) and 33.3% from last month (2,881).
Year to Date Summary Activity in the Portland metro area is ahead of last year. New listings (36,040) are up 4.5%, pending sales (26,654) are up 3.8%, and closed sales (25,392) are up 2.1% compared to the first eleven months of 2013.
Average and Median Sale Prices The average price the first eleven months of the year was $333,200, up 7.2% from the same time frame in 2013 when the average was $310,800. In the same comparison, the median also rose 7.5% from There are currently 6,131 active $265,000 in the first eleven months residential listings in the Portland of 2013 to $285,000 in the same metro area. Total market time rose period of 2014. in November to 69 days. Inventory slightly rose to 3.2 months.
Inventory in Months* 2012 2013 2014 January 7.0 4.7 4.1 February 6.5 4.5 3.9 March 5.0 3.2 3.1 April 4.7 3.1 2.8 May 4.2 2.5 2.8 June 3.9 2.9 2.8 July 4.6 2.8 2.9 August 3.9 3.1 3.0 September 4.6 3.7 3.1 October 3.8 3.4 2.8 November 4.2 3.7 3.2 December 3.6 3.2 *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 Average Sale Price % Change: +7.2% ($331,300 v. $309,000) Median Sale Price % Change: +7.5% ($285,000 v. $265,000)
For further explanation of this measure, see the second footnote on page 2.
2014
Portland Metro Residential highlights
2013
Pending Sales
Closed Sales
Average Sale Price
Median Sale Price
Total Market Time
November
1,922
2,091
1,937
336,000
287,000
69
October
2,881
2,480
2,487
335,600
289,000
65
36,040
26,654
25,392
333,200
285,000
70
1,976
1,827
1,821
318,100
270,000
80
34,478
25,667
24,872
310,800
265,000
83
-2.7%
14.4%
6.4%
5.6%
6.3%
-13.9%
-33.3%
-15.7%
-22.1%
0.1%
-0.7%
6.2%
4.5%
3.8%
2.1%
7.2%
7.5%
-15.7%
Year-to-date
Change
New Listings
November Year-to-date November Prev Mo 2014 Year-to-date
© Copyright RMLS™ 2014. All Rights Reserved.
AREa REPORT • 11/2014
Portland Metropolitan Area, Oregon RESIDENTIAL
Pending Sales
Pending Sales 2014 v. 2013
Closed Sales
Average Sale Price
Median Sale Price
Avg. Sale Price % Change
1,546
1,244
10.4%
1,216
291,300
278,000
10.0%
12
387,400
20
232,200
35
429,100
NE Portland
373
170
67
218
9.0%
184
357,000
58
3,289
2,577
-3.0%
2,441
348,800
306,000
7.5%
27
373,800
40
131,600
78
383,100
SE Portland
570
243
96
264
10.9%
252
326,800
59
4,259
3,273
8.1%
3,098
303,900
260,000
13.6%
38
519,900
64
157,900
131
469,900
144
Gresham/ Troutdale
463
125
64
145
34.3%
141
241,000
84
2,317
1,662
15.7%
1,573
243,000
228,700
8.7%
12
450,000
55
165,800
41
355,400
145
Milwaukie/ Clackamas
517
143
62
163
10.1%
146
311,500
87
2,984
2,152
4.5%
2,004
310,900
287,000
10.6%
7
378,400
104
168,700
20
322,000
Oregon City/ Canby
367
98
34
111
29.1%
92
299,600
87
1,878
1,418
6.9%
1,358
298,800
279,900
10.4%
6
274,800
94
190,100
15
259,100
Lake Oswego/ West Linn
438
126
63
109
31.3%
92
505,000
72
2,210
1,434
-1.5%
1,374
529,600
459,000
8.4%
2
564,300
49
361,200
13
393,300
W Portland
628
205
103
223
12.6%
224
462,100
72
4,016
2,860
-2.9%
2,751
470,200
394,500
4.7%
10
314,400
82
229,500
40
557,500
NW Wash Co.
209
74
43
85
0.0%
89
387,100
44
1,656
1,269
-1.0%
1,269
419,300
390,000
6.6%
-
41
256,000
5
334,900
Beaverton/ Aloha
471
199
72
198
12.5%
157
281,600
63
3,306
2,464
8.3%
2,354
275,700
254,400
6.7%
4
270,500
12
147,800
39
343,500
Tigard/ Wilsonville
524
162
60
188
18.2%
171
352,700
58
3,155
2,364
-0.6%
2,223
336,900
320,000
6.5%
7
660,400
35
385,300
10
394,800
Hillsboro/ Forest Grove
421
117
44
131
1.6%
125
260,200
63
2,359
1,830
-0.5%
1,743
270,600
250,000
11.1%
16
262,300
49
194,800
33
374,900
94
9
12
15
-11.8%
16
235,200
97
252
182
22.1%
175
239,900
219,500
-1.6%
3
211,000
15
73,900
-
Columbia Co.
320
48
38
48
26.3%
51
204,600
144
986
658
15.8%
598
211,300
200,000
13.3%
12
236,200
49
91,100
14
237,200
Yamhill Co.
543
107
54
99
16.5%
105
311,900
86
1,827
1,267
11.3%
1,215
255,700
221,000
3.0%
16
342,100
89
234,700
18
265,000
141 142 143 148 149 153 155 156 1
-
Average Sale Price
Closed Sales
Average Sale Price
Closed Sales
Average Sale Price
Closed Sales
Total Market Time
2
New Listings
43
3
297,300
Average Sale Price
92
Closed Sales
22.1%
Mt. hood
Pending Sales 2014 v. 2013
94
Pending Sales
27
Expired.Canceled Listings
96
New Listings
193
Active Listings N Portland
146
Year-To-Date
147
MULTIFAMILY
Year-To-Date
150
LAND
Year-To-Date
151
COMMERCIAL
152
1
Year-To-Date
1
Current Month
-
Percent change in number of pending sales this year compared to last year. The Current Month section compares November 2014 with November 2013. The Year-To-Date section compares 2014 year-to-date statistics through November with 2013 year-to-date statistics through November.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (12/1/13-11/30/14) with 12 months before (12/1/12-11/30/13).
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.
Yamhill County Focus: . Average time to get an accepted offer? 86 days Median sales price? $230k; Average sale price? $256k Months of inventory to sell at the current rate of sales? 5.2 months- a balanced market for buyers & sellers . Comparisons with November 2013: >Pending sales from last November to this November: 85 to 99 (16% increase) >Pending sales ytd from 1138 to 1267 (10% increase) >Closed sales from last November to this November: 72 to 105 (45% increase) >Closed sales ytd from 1066 to 1215 (12% increase) 2
© Copyright RMLS™ 2014. All Rights Reserved.
ACTIVE RESIDENTIAL LISTINGS
Active Residential Listings 10,000 9,000
Portland, OR
8,000
This graph shows the active
7,000
residential listings over the
6,000
past three calendar years in
5,000
the greater Portland,
4,000
Oregon metropolitan area.
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2012 8,514 8,256 8,391 8,523 8,742 8,799 9,041 9,014 8,689 7,981 7,216 6,352 2013 6,366 6,256 6,207 6,498 6,818 7,348 7,849 8,003 7,903 7,355 6,751 5,707 2014 5,671 5,752 5,811 6,093 6,858 7,250 7,727 7,784 7,438 6,963 6,131
TOTAL ACTIVE LISTINGS PORTLAND, OR
This graph shows the total active listings over the past three calendar years in the greater
Total Active Listings 12,500
10,000
7,500
Portland, Oregon metropolitan area.
5,000
JAN FEB MAR 2012 11,175 10,939 10,957 2013 8,519 8,435 8,385 2014 7,606 7,731 7,702
APR 11,146 8,673 8,066
MAY 11,465 9,002 8,928
JUN JUL AUG SEP 11,448 11,709 11,629 11,263 9,564 10,138 10,293 10,223 9,290 9,829 9,872 9,483
OCT 10,542 9,573 8,959
NOV DEC 9,659 8,374 8,884 7,511 8,098
NEW LISTINGS
New Listings
PORTLAND, OR
This graph shows the
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0
new residential listings over the past three calendar years in the greater Portland, Oregon metropolitan area.
2012
2013
2014
3
© Copyright RMLS™ 2014. All Rights Reserved.
PENDING LISTINGS
Pending Sales
PORTLAND, OR
3,500
This graph represents
3,000
monthly accepted offers
2,500
in the Portland, Oregon
2,000 1,500
metropolitan area over
1,000
the past three calendar
500
years.
0
2012
2013
2014
CLOSED SALES
Closed Sales
PORTLAND, OR
This graph shows the
3,000
closed sales over the past
2,500
five calendar years in the
2,000
greater Portland, Oregon
1,500
metropolitan area.
1,000
2010 2011 2012
2013
500
2014
0
DAYS ON MARKET
Average Total Market Time 160
PORTLAND, OR
140
This graph shows the
120
average market time for
100 80
sales in the Portland,
60
Oregon metropolitan area
40 20
over the past three calendar
0
years. 2012 TMT
2013 TMT
2014 TMT
4
© Copyright RMLS™ 2014. 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 $375,000 $355,000
$335,000 $315,000
$295,000 $275,000
$255,000 $235,000 $215,000 $175,000
Nov-05 Feb-06 May-06 Aug-06 Nov-06 Feb-07 May-07 Aug-07 Nov-07 Feb-08 May-08 Aug-08 Nov-08 Feb-09 May-09 Aug-09 Nov-09 Feb-10 May-10 Aug-10 Nov-10 Feb-11 May-11 Aug-11 Nov-11 Feb-12 May-12 Aug-12 Nov-12 Feb-13 May-13 Aug-13 Nov-13 Feb-14 May-14 Aug-14 Nov-14
$195,000
Average Sale Price
Median Sale Price
MEDIAN SALE PRICE
Median Sale Price: Portland, OR & Clark Co., WA
PORTLAND, OR
$350,000
$300,000
This graph shows the
$250,000
median sale price over
$200,000
the past 12 months in the greater Portland,
$150,000 $100,000
Oregon, metropolitan NOV
DEC
JAN
FEB
MAR
APR
Clark County
MAY JUNE JULY AUG SEPT OCT Metro Portland, OR
5
© Copyright RMLS™ 2014. All Rights Reserved.
NOV
area and Clark County.
Median sale price November 2014
SW Washington
$198,500
$232,300
Woodland
N/NE Clark County
$235,000
Portland
$280,800
Battle Ground
Ridgefield/La Center
Metro
$ 192,000 Columbia County $348,000 Salmon Creek $315,000 Felida
$ 345,000 North Washington County Sauvie Island
Brush Prairie Hockinson
$220,000 Hazel Dell Minnehaha
$212,500 5 Corners Orch.
$199,900 Cent. Vancouver
$ 258,000 Beaverton
$ 386,000 West Portland
Aloha
$ 325,000 Tigard/Tualatin Sherwood Wilsonville
$349,200 Camas/Washougal $ 307,700 NE Portland $ 290,000 SE Portland $ 289,600
$ 450,800
Milwaukie/Gladstone/ Boring/Clackamas Estacada
Lake Oswego West Linn
$ 229,900 $ 280,000 Oregon City Canby Molalla Beavercreek
Yamhill County
6
$225,000 Cascade Park
$203,000 Heights
$ 285,000 N Portland
$ 240,000 Hillsboro Forest Grove
$310,500
© Copyright RMLS™ 2014. All Rights Reserved.
$ 225,000 Gresham Troutdale Sandy Corbett Fairview
$ 211,000 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 800 700 600 500 400
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
300 200 100 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
$225,000 $200,000 $175,000 $150,000 $125,000
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. 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™.
$100,000
2012
2013
2014
Brian Houston, Chairman of the Board Kurt von Wasmuth, President/CEO Heather Andrews, Editor © Copyright RMLS™ 2014. All Rights Reserved.
Year to Date Summary Activity in the Portland metro area is ahead of last year. New listings (36,040) are up 4.5%, pending sales (26,654) are up 3.8%, and closed sales (25,392) are up 2.1% compared to the first eleven months of 2013.
Average and Median Sale Prices The average price the first eleven months of the year was $333,200, up 7.2% from the same time frame in 2013 when the average was $310,800. In the same comparison, the median also rose 7.5% from There are currently 6,131 active $265,000 in the first eleven months residential listings in the Portland of 2013 to $285,000 in the same metro area. Total market time rose period of 2014. in November to 69 days. Inventory slightly rose to 3.2 months.
Inventory in Months* 2012 2013 2014 January 7.0 4.7 4.1 February 6.5 4.5 3.9 March 5.0 3.2 3.1 April 4.7 3.1 2.8 May 4.2 2.5 2.8 June 3.9 2.9 2.8 July 4.6 2.8 2.9 August 3.9 3.1 3.0 September 4.6 3.7 3.1 October 3.8 3.4 2.8 November 4.2 3.7 3.2 December 3.6 3.2 *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 Average Sale Price % Change: +7.2% ($331,300 v. $309,000) Median Sale Price % Change: +7.5% ($285,000 v. $265,000)
For further explanation of this measure, see the second footnote on page 2.
2014
Portland Metro Residential highlights
2013
Pending Sales
Closed Sales
Average Sale Price
Median Sale Price
Total Market Time
November
1,922
2,091
1,937
336,000
287,000
69
October
2,881
2,480
2,487
335,600
289,000
65
36,040
26,654
25,392
333,200
285,000
70
1,976
1,827
1,821
318,100
270,000
80
34,478
25,667
24,872
310,800
265,000
83
-2.7%
14.4%
6.4%
5.6%
6.3%
-13.9%
-33.3%
-15.7%
-22.1%
0.1%
-0.7%
6.2%
4.5%
3.8%
2.1%
7.2%
7.5%
-15.7%
Year-to-date
Change
New Listings
November Year-to-date November Prev Mo 2014 Year-to-date
© Copyright RMLS™ 2014. All Rights Reserved.
AREa REPORT • 11/2014
Portland Metropolitan Area, Oregon RESIDENTIAL
Pending Sales
Pending Sales 2014 v. 2013
Closed Sales
Average Sale Price
Median Sale Price
Avg. Sale Price % Change
1,546
1,244
10.4%
1,216
291,300
278,000
10.0%
12
387,400
20
232,200
35
429,100
NE Portland
373
170
67
218
9.0%
184
357,000
58
3,289
2,577
-3.0%
2,441
348,800
306,000
7.5%
27
373,800
40
131,600
78
383,100
SE Portland
570
243
96
264
10.9%
252
326,800
59
4,259
3,273
8.1%
3,098
303,900
260,000
13.6%
38
519,900
64
157,900
131
469,900
144
Gresham/ Troutdale
463
125
64
145
34.3%
141
241,000
84
2,317
1,662
15.7%
1,573
243,000
228,700
8.7%
12
450,000
55
165,800
41
355,400
145
Milwaukie/ Clackamas
517
143
62
163
10.1%
146
311,500
87
2,984
2,152
4.5%
2,004
310,900
287,000
10.6%
7
378,400
104
168,700
20
322,000
Oregon City/ Canby
367
98
34
111
29.1%
92
299,600
87
1,878
1,418
6.9%
1,358
298,800
279,900
10.4%
6
274,800
94
190,100
15
259,100
Lake Oswego/ West Linn
438
126
63
109
31.3%
92
505,000
72
2,210
1,434
-1.5%
1,374
529,600
459,000
8.4%
2
564,300
49
361,200
13
393,300
W Portland
628
205
103
223
12.6%
224
462,100
72
4,016
2,860
-2.9%
2,751
470,200
394,500
4.7%
10
314,400
82
229,500
40
557,500
NW Wash Co.
209
74
43
85
0.0%
89
387,100
44
1,656
1,269
-1.0%
1,269
419,300
390,000
6.6%
-
41
256,000
5
334,900
Beaverton/ Aloha
471
199
72
198
12.5%
157
281,600
63
3,306
2,464
8.3%
2,354
275,700
254,400
6.7%
4
270,500
12
147,800
39
343,500
Tigard/ Wilsonville
524
162
60
188
18.2%
171
352,700
58
3,155
2,364
-0.6%
2,223
336,900
320,000
6.5%
7
660,400
35
385,300
10
394,800
Hillsboro/ Forest Grove
421
117
44
131
1.6%
125
260,200
63
2,359
1,830
-0.5%
1,743
270,600
250,000
11.1%
16
262,300
49
194,800
33
374,900
94
9
12
15
-11.8%
16
235,200
97
252
182
22.1%
175
239,900
219,500
-1.6%
3
211,000
15
73,900
-
Columbia Co.
320
48
38
48
26.3%
51
204,600
144
986
658
15.8%
598
211,300
200,000
13.3%
12
236,200
49
91,100
14
237,200
Yamhill Co.
543
107
54
99
16.5%
105
311,900
86
1,827
1,267
11.3%
1,215
255,700
221,000
3.0%
16
342,100
89
234,700
18
265,000
141 142 143 148 149 153 155 156 1
-
Average Sale Price
Closed Sales
Average Sale Price
Closed Sales
Average Sale Price
Closed Sales
Total Market Time
2
New Listings
43
3
297,300
Average Sale Price
92
Closed Sales
22.1%
Mt. hood
Pending Sales 2014 v. 2013
94
Pending Sales
27
Expired.Canceled Listings
96
New Listings
193
Active Listings N Portland
146
Year-To-Date
147
MULTIFAMILY
Year-To-Date
150
LAND
Year-To-Date
151
COMMERCIAL
152
1
Year-To-Date
1
Current Month
-
Percent change in number of pending sales this year compared to last year. The Current Month section compares November 2014 with November 2013. The Year-To-Date section compares 2014 year-to-date statistics through November with 2013 year-to-date statistics through November.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (12/1/13-11/30/14) with 12 months before (12/1/12-11/30/13).
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.
Yamhill County Focus: . Average time to get an accepted offer? 86 days Median sales price? $230k; Average sale price? $256k Months of inventory to sell at the current rate of sales? 5.2 months- a balanced market for buyers & sellers . Comparisons with November 2013: >Pending sales from last November to this November: 85 to 99 (16% increase) >Pending sales ytd from 1138 to 1267 (10% increase) >Closed sales from last November to this November: 72 to 105 (45% increase) >Closed sales ytd from 1066 to 1215 (12% increase) 2
© Copyright RMLS™ 2014. All Rights Reserved.
ACTIVE RESIDENTIAL LISTINGS
Active Residential Listings 10,000 9,000
Portland, OR
8,000
This graph shows the active
7,000
residential listings over the
6,000
past three calendar years in
5,000
the greater Portland,
4,000
Oregon metropolitan area.
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2012 8,514 8,256 8,391 8,523 8,742 8,799 9,041 9,014 8,689 7,981 7,216 6,352 2013 6,366 6,256 6,207 6,498 6,818 7,348 7,849 8,003 7,903 7,355 6,751 5,707 2014 5,671 5,752 5,811 6,093 6,858 7,250 7,727 7,784 7,438 6,963 6,131
TOTAL ACTIVE LISTINGS PORTLAND, OR
This graph shows the total active listings over the past three calendar years in the greater
Total Active Listings 12,500
10,000
7,500
Portland, Oregon metropolitan area.
5,000
JAN FEB MAR 2012 11,175 10,939 10,957 2013 8,519 8,435 8,385 2014 7,606 7,731 7,702
APR 11,146 8,673 8,066
MAY 11,465 9,002 8,928
JUN JUL AUG SEP 11,448 11,709 11,629 11,263 9,564 10,138 10,293 10,223 9,290 9,829 9,872 9,483
OCT 10,542 9,573 8,959
NOV DEC 9,659 8,374 8,884 7,511 8,098
NEW LISTINGS
New Listings
PORTLAND, OR
This graph shows the
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0
new residential listings over the past three calendar years in the greater Portland, Oregon metropolitan area.
2012
2013
2014
3
© Copyright RMLS™ 2014. All Rights Reserved.
PENDING LISTINGS
Pending Sales
PORTLAND, OR
3,500
This graph represents
3,000
monthly accepted offers
2,500
in the Portland, Oregon
2,000 1,500
metropolitan area over
1,000
the past three calendar
500
years.
0
2012
2013
2014
CLOSED SALES
Closed Sales
PORTLAND, OR
This graph shows the
3,000
closed sales over the past
2,500
five calendar years in the
2,000
greater Portland, Oregon
1,500
metropolitan area.
1,000
2010 2011 2012
2013
500
2014
0
DAYS ON MARKET
Average Total Market Time 160
PORTLAND, OR
140
This graph shows the
120
average market time for
100 80
sales in the Portland,
60
Oregon metropolitan area
40 20
over the past three calendar
0
years. 2012 TMT
2013 TMT
2014 TMT
4
© Copyright RMLS™ 2014. 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 $375,000 $355,000
$335,000 $315,000
$295,000 $275,000
$255,000 $235,000 $215,000 $175,000
Nov-05 Feb-06 May-06 Aug-06 Nov-06 Feb-07 May-07 Aug-07 Nov-07 Feb-08 May-08 Aug-08 Nov-08 Feb-09 May-09 Aug-09 Nov-09 Feb-10 May-10 Aug-10 Nov-10 Feb-11 May-11 Aug-11 Nov-11 Feb-12 May-12 Aug-12 Nov-12 Feb-13 May-13 Aug-13 Nov-13 Feb-14 May-14 Aug-14 Nov-14
$195,000
Average Sale Price
Median Sale Price
MEDIAN SALE PRICE
Median Sale Price: Portland, OR & Clark Co., WA
PORTLAND, OR
$350,000
$300,000
This graph shows the
$250,000
median sale price over
$200,000
the past 12 months in the greater Portland,
$150,000 $100,000
Oregon, metropolitan NOV
DEC
JAN
FEB
MAR
APR
Clark County
MAY JUNE JULY AUG SEPT OCT Metro Portland, OR
5
© Copyright RMLS™ 2014. All Rights Reserved.
NOV
area and Clark County.
Median sale price November 2014
SW Washington
$198,500
$232,300
Woodland
N/NE Clark County
$235,000
Portland
$280,800
Battle Ground
Ridgefield/La Center
Metro
$ 192,000 Columbia County $348,000 Salmon Creek $315,000 Felida
$ 345,000 North Washington County Sauvie Island
Brush Prairie Hockinson
$220,000 Hazel Dell Minnehaha
$212,500 5 Corners Orch.
$199,900 Cent. Vancouver
$ 258,000 Beaverton
$ 386,000 West Portland
Aloha
$ 325,000 Tigard/Tualatin Sherwood Wilsonville
$349,200 Camas/Washougal $ 307,700 NE Portland $ 290,000 SE Portland $ 289,600
$ 450,800
Milwaukie/Gladstone/ Boring/Clackamas Estacada
Lake Oswego West Linn
$ 229,900 $ 280,000 Oregon City Canby Molalla Beavercreek
Yamhill County
6
$225,000 Cascade Park
$203,000 Heights
$ 285,000 N Portland
$ 240,000 Hillsboro Forest Grove
$310,500
© Copyright RMLS™ 2014. All Rights Reserved.
$ 225,000 Gresham Troutdale Sandy Corbett Fairview
$ 211,000 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 800 700 600 500 400
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
300 200 100 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
$225,000 $200,000 $175,000 $150,000 $125,000
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. 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™.
$100,000
2012
2013
2014
Brian Houston, Chairman of the Board Kurt von Wasmuth, President/CEO Heather Andrews, Editor © Copyright RMLS™ 2014. All Rights Reserved.
