Alberta Arts District: NE Portland, Oregon
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The Lockwood Report: Daily 97211 Housing Market Update for Oct 25th, 2020As of Sunday, Oct 25th, 2020, in 97211 there are a total of 93 active residential homes for sale, 88 pending listings and 64 properties sold in the most recent 30 day period. The average list price for all active residential listings in 97211 is $595,268, while the average asking price for properties new on market in the last 30 days is $535,862. Residential homes for sale in 97211 sold higher than asking price for this month, at an average selling price of $538,784 while new-to-market listings had lower asking prices averaging $535,862.
New listings in 97211 are outpacing sold properties. For the most recent 30 day period, 64 properties sold and 76 came on the market. In summary, new listings outpaced sales by 12. As a point of reference, in the month prior, there were 65 sold 97211 residential listings while 96 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 88) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above 97211 graph means that no properties sold in the respective price range during the month indicated.