Pearl District Real Estate: Homes, Lofts & Condos
The Pearl District, in NW Portland, Oregon, was named for its delightful, industrial-styled buildings that have largely been converted into high-end condos and creative spaces; where the rough exterior is in juxtaposition against the luxurious “Pearls” inside the buildings. With yoga studios, breweries and high-end shopping, the Pearl District is the place where high technology meets Portland’s eclectic vibe. With high-end condos and amazing lofts, the Pearl District has what you need if you’re into modern, minimalist living.
The Pearl District
This content last updated on 06/01/2020, 05:19 (5:19 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 Pearl District Housing Market Update for Jun 1st, 2020As of Monday, Jun 1st, 2020, in Pearl District there are a total of 206 active residential homes for sale, 55 pending listings and 26 properties sold in the most recent 30 day period. The average list price for all active residential listings in Pearl District is $675,147, while the average asking price for properties new on market in the last 30 days is $767,715. Residential homes for sale in Pearl District sold higher than asking price for this month, at an average selling price of $884,760 while new-to-market listings had lower asking prices averaging $767,715.
New listings in Pearl District are outpacing sold properties. For the most recent 30 day period, 26 properties sold and 79 came on the market. In summary, new listings outpaced sales by 53. As a point of reference, in the month prior, there were 34 sold Pearl District residential listings while 44 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 55) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above Pearl District graph means that no properties sold in the respective price range during the month indicated.