12-Month Portland Appreciation – October 2005 vs. October 2004

Home prices across the Portland metro area continue to appreciate at prodigious rates through October 2005.

As reported by the Portland multiple listing service (RMLS), the average sale price in the Portland area was up 14.2% over the previous average from the 12 months prior.

Here are the 12-month averages for Portland metro communities:

    21.3% – Tigard / Tualatin / Wilsonville
    17.1% – North Portland
    16.6% – Hillsboro / Forest Grove
    16.4% – Oregon City / Canby
    15.6% – Milwaukie / Clackamas
    15.0% – Northeast Portland
    14.9% – Lake Oswego / West Linn
    14.3% – Southeast Portland
    13.7% – West Portland
    13.5% – Beaverton / Aloha
    12.5% – Gresham / Troutdale
    12.1% – NW Washington County

Note: Appreciation percentages are based on a comparison of average price from the last 12 months (11/01/04 – 10/31/05) with 12 months before (11/01/03 – 10/31/04).

Source: RMLS, October 2005.

November 17, 2005 · Filed Under Market Activity

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