This content last updated on 10/28/2020, 10:18 (10:18 AM) PST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Oregon Realty Co® are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.
The Lockwood Report: Daily Portland Housing Market Update for Oct 28th, 2020As of Wednesday, Oct 28th, 2020, in Portland there are a total of 1,773 active residential homes for sale, 1,925 pending listings and 1,159 properties sold in the most recent 30 day period. The average list price for all active residential listings in Portland is $611,366, while the average asking price for properties new on market in the last 30 days is $553,801. Residential homes for sale in Portland sold higher than asking price for this month, at an average selling price of $560,924 while new-to-market listings had lower asking prices averaging $553,801.
New listings in Portland are outpacing sold properties. For the most recent 30 day period, 1,159 properties sold and 1,489 came on the market. In summary, new listings outpaced sales by 330. As a point of reference, in the month prior, there were 1,293 sold Portland residential listings while 1,502 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 1,925) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above Portland graph means that no properties sold in the respective price range during the month indicated.
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