Portland, OR: South Waterfront & Marquam Hill
Portland Oregon’s South Waterfront has been the site of several luxury condo developments in recent years. Right on the west bank of the Willamette River, the South Waerfront and Marquam Hill are great places to live. An aerial tram links the South Waterfront with OHSU up on nearby Marquam Hill.
Daily Marquam Hill & South Waterfront Housing Report
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South Waterfront, Marquam Hill
This content last updated on 11/26/2020, 20:19 (8:19 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 Southwest Downtown Housing Market Update for Nov 26th, 2020As of Thursday, Nov 26th, 2020, in Southwest Downtown there are a total of 198 active residential homes for sale, 66 pending listings and 51 properties sold in the most recent 30 day period. The average list price for all active residential listings in Southwest Downtown is $760,865, while the average asking price for properties new on market in the last 30 days is $712,416. Residential homes for sale in Southwest Downtown sold at an average price of $642,423 while newly listed properties came in higher on average, at $712,416.
New listings in Southwest Downtown are outpacing sold properties. For the most recent 30 day period, 51 properties sold and 60 came on the market. In summary, new listings outpaced sales by 9. As a point of reference, in the month prior, there were 50 sold Southwest Downtown residential listings while 91 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 66) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above Southwest Downtown graph means that no properties sold in the respective price range during the month indicated.