This content last updated on 11/24/2020, 21:19 (9:19 PM) 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 Nov 24th, 2020As of Tuesday, Nov 24th, 2020, in Portland there are a total of 1,582 active residential homes for sale, 1,686 pending listings and 1,155 properties sold in the most recent 30 day period. The average list price for all active residential listings in Portland is $612,106, while the average asking price for properties new on market in the last 30 days is $545,264. Residential homes for sale in Portland sold at an average price of $544,553 while newly listed properties came in higher on average, at $545,264.
Homes for sale in Portland are currently selling faster than new listings are coming on the market. For the most recent 30 day period, 1,155 properties sold and 1,109 came on the market. In summary, homes sold outpaced new listings by 46. As a point of reference, in the month prior, there were 1,290 sold listings and 1,673 properties that newly went on the market. Keep an eye on the number of pending listings in Portland (currently 1,686) because an increase or decrease in pending sales can sometimes shed light on the coming month's sales figures.
*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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