Average and Median Sale Prices for January
February 17th, 2006
January 2006 sale prices were released and Portland’s strong appreciation trend continues, albeit during a slow winter home sales season.
Across the metro area, average ($297,700) and median* ($245,800) prices are up nearly 17% over a year ago. Average days on market were up to 44.
Here are January’s average and median prices (sorted by median prices).
| Area |
Average
Sale Price |
Median*
Sale Price |
| Lake Oswego / West Linn | $542,100 | $455,000 |
| West Portland | $428,800 | $335,000 |
| Tigard / Tualatin / Sherwood / Wilsonville | $330,700 | $310,600 |
| Oregon City / Canby | $313,700 | $285,000 |
| Milwaukie / Clackamas | $319,800 | $285,000 |
| NW Washington County | $319,200 | $265,100 |
| Beaverton / Aloha | $258,100 | $242,500 |
| Northeast Portland | $275,100 | $236,000 |
| Gresham / Troutdale | $243,400 | $231,600 |
| Hillsboro / Forest Grove | $278,700 | $230,000 |
| North Portland | $238,600 | $218,800 |
| Columbia County | $225,800 | $209,500 |
| Southeast Portland | $230,500 | $202,500 |
| Yamhill County | $240,200 | $199,900 |
*The median is the middlemost value in a range, and in this case, it denotes the price where half of the homes sold for less than $245,800, and half sold for more. Average, on the other hand, is the total sales dollars divided by the total number of sales.
Source: RMLS, February 2006.
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Related posts:
- Average and Median Sale Prices through February 2006
- 12-Month Appreciation, Average & Median Residential Sale Prices
- Average Sale Prices in Portland Communities - December 2005
Entry Filed under: Market Activity
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