Although it’s officially named Westmoreland, many people refer to this close-in east side Portland neighborhood as “Sellwood”. With the newly redone Sellwood Bridge offering easy access to downtown Portland & the West Hills, Sellwood offers the fun laid-back atmosphere of the est side while offering easy access to downtown on the west via the bridge. Browse below to see the latest housing market report and homes for sale in the Sellwood/Westmoreland neighborhood.
Local independent restaurants, a cool art scene and nearby Reed College all help define this sought-after Portland neighborhood.
This content last updated on 10/26/2020, 02:20 (2:20 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 97202 Housing Market Update for Oct 25th, 2020As of Sunday, Oct 25th, 2020, in 97202 there are a total of 74 active residential homes for sale, 90 pending listings and 47 properties sold in the most recent 30 day period. The average list price for all active residential listings in 97202 is $681,510, while the average asking price for properties new on market in the last 30 days is $655,164. Residential homes for sale in 97202 sold higher than asking price for this month, at an average selling price of $697,631 while new-to-market listings had lower asking prices averaging $655,164.
New listings in 97202 are outpacing sold properties. For the most recent 30 day period, 47 properties sold and 79 came on the market. In summary, new listings outpaced sales by 32. As a point of reference, in the month prior, there were 55 sold 97202 residential listings while 67 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 90) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above 97202 graph means that no properties sold in the respective price range during the month indicated.