See Today's Housing Market Report for the 97116 Zip Code
This content last updated on 05/07/2019, 11:19 (11:19 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 © 2019 RMLS™, Portland, Oregon.
The Lockwood Report: Daily 97116 Housing Market Update for Oct 21st, 2019As of Monday, Oct 21st, 2019, in 97116 there are a total of 87 active residential homes for sale, 45 pending listings and 20 properties sold in the most recent 30 day period. The average list price for all active residential listings in 97116 is $469,149, while the average asking price for properties new on market in the last 30 days is $420,644. Residential homes for sale in 97116 sold at an average price of $354,420 while newly listed properties came in higher on average, at $420,644.
New listings in 97116 are outpacing sold properties. For the most recent 30 day period, 20 properties sold and 40 came on the market. In summary, new listings outpaced sales by 20. As a point of reference, in the month prior, there were 35 sold 97116 residential listings while 46 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 45) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above 97116 graph means that no properties sold in the respective price range during the month indicated.