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re:PDX is presented by Claire Widmark, broker affiliated with M Realty LLC in Portland, Oregon.
Phone: 971-275-3691
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Portland Area Market Activity – October 2006
As many markets around the U.S. have already experienced, the housing market over the past few months in Portland has wound down to historical activity levels. At present, the market appears to have reached a balance between a ‘buyer’s’ market and a ‘sellers’ market.
I’ve provided a more complete analysis on my Market Activity page. But here is a quick synopsis of what’s happening by community area.
| Area | YTD Average Sale Price | YTD Median Sale Price | 12-Month Appreciation |
| Lake Oswego / West Linn | $539,400 | $450,500 | 18.3% |
| West Portland | $450,500 | $378,600 | 12.1% |
| NW Washington County | $404,200 | $365,000 | 12.2% |
| Tigard/Tualatin/ Sherwood/Wilsonville | $355,200 | $319,900 | 15.4% |
| Milwaukie / Clackamas | $350,500 | $305,000 | 20.0% |
| Oregon City / Canby | $321,100 | $281,000 | 16.3% |
| Northeast Portland | $304,000 | $265,300 | 16.8% |
| Beaverton / Aloha | $279,900 | $250,000 | 15.1% |
| Hillsboro / Forest Grove | $278,000 | $255,000 | 16.7% |
| Southeast Portland | $264,700 | $232,000 | 15.8% |
| Gresham / Troutdale | $262,200 | $245,900 | 14.2% |
| Yamhill County | $261,500 | $229,000 | 22.2% |
| North Portland | $244,900 | $235,000 | 21.3% |
| Columbia County | $226,300 | $215,000 | 15.1% |
[tags] Portland, Oregon, real, estate, market, activity, sales, appreciation, inventory, homes, housing [/tags]
Comments
2 Responses to “Portland Area Market Activity – October 2006”
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Ron,
Do you have a 6 month breakdown?
http://www.pdx-mortgage.blogspot.com
I don’t have a 6-month analysis. RMLS puts out 12-month running reports. I’ll have to see if I can draw some conclusions looking at the published data or if I can run some reports from RMLS. The tools there are limited.