12-Month Portland Metro Appreciation

January 2006 results are out and the double-digit appreciation train rolls right along in Portland.

However, in line with national trends and predictions, the market has slowed in comparison to a year ago. Market activity showed fewer pending and closed sales, although new listings were up marginally. The available inventory (active listings divided by closed sales) was up to 3.2 months.

Here are the 12-month appreciation rates* for January 2005 through January 2006.

Tigard / Tualatin / Sherwood / Wilsonville 25.0%
North Portland 18.9%
Oregon City / Canby 18.9%
Hillsboro / Forest Grove 17.4%
Milwaukie / Clackamas 16.8%
Northeast Portland 16.0%
Lake Oswego / West Linn 15.8%
Columbia County 15.7%
Southeast Portland 14.4%
West Portland 14.3%
Beaverton / Aloha 13.9%
NW Washington County 13.6%
Yamhill County 13.2%
Gresham / Troutdale 12.9%

*Note: Appreciation percentages are based on a comparison of average price from the last 12 months (02/01/05 – 01/31/06) with 12 months before (02/01/04 – 01/31/05).

February 15, 2006 · Filed Under Market Activity

Comments

One Response to “12-Month Portland Metro Appreciation”

  1. re:PDX - Portland Oregon Real Estate » Average and Median Sale Prices for January on February 17th, 2006 1:35 am

    [...] January 2006 sale prices were released and Portland’s strong appreciation trend continues, albeit during a slow winter home sales season. [...]

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