• According to the RMLS Market Action Report for the Portland Metro Area, September, 2017:
  • There were 3,644 New Listings in Sept 2017 which was down .08% from Sept of 2016’s 3,673, and down 10% from August of 2017’s total of 4,048.
  • At 2,660, Sept Closed Sales were down 5.8% from Sept 2016’s 2,823, and 12.3% from the previous month/August 2017’s total of  3,034.
  • September’s Pending Sales (accepted offers), at 2,730 dropped 4.4% from Sept of 2016’s 2,857, and 11.1% from the previous month/August 2017’s total of 3,072.
  • The Average Sale Price in September of $426,700 was up $34,500 from September 2016’s $392,200, and down from August 2017’s $436,400 by $9,700.    (***This is typical seasonal adjustment. This year we’ve seen roughly $10,000 drops in Average Sale Price per month in August and Sept.)                  
• Sept Average Sale Price + Appreciation (last 12 months):
• North Portland:  $374,900                7%    (Aug $436,400)
• NE Portland:  $447,100                      9.6% (Aug $460,100)
• SE Portland:  $400,900                       8.7% (Aug $391,200)
• Gresham/Troutdale:   $341,800     10.5%(Aug $333,300)
• Milwaukie/Clackamas:  $418,500   10.4%(Aug $420,300)
• Oregon City/Canby:   $416,900        8.9% (Aug $394,800)
• Lake Oswego/West Linn:$678,200  8.2% (Aug $713,800)
• West Portland:    $572,100                 6.9%(Aug $567,100)
• NW Washington County:$501,200   9.9% (Aug $526,500)
• Beaverton/Aloha:     $369,200           9.7% (Aug $376,800)
• Tigard/Wilsonville:   $434,600           6.3% (Aug $439,300)
• Hillsboro/Forest Grove: $385,400   12.1%(Aug $382,800)

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Here is your look at the most recent data for the entire Portland area below:

• According to the RMLS Market Action Report for the Portland Metro Area, August, 2017:
  • There were 4,048 New Listings in August 2017 which was down 3.7% from August of 2016’s 4,203, and down the same 3.7% from July of 2017’s total of 4,202.
  • At 3,034, August Closed Sales were up 1.1% from August 2016’s 3,001, and up 8.6% from the previous month/July 2017’s total of  2,793.
  • August Pending Sales (accepted offers), at 3,072 dropped 7.6% from August of 2016’s 3,325, and edged up 1.1% from the previous month/July 2017’s total of 3,040.
  • The Average Sale Price in August of $436,400 was up $36,300 from August 2016’s $400,100, and down from June 2017’s $447,400 by $11,000.                      

August Average Sale Price + Appreciation (last 12 months):

• North Portland:  $436,400               9.1% (July $401,100)
• NE Portland:  $460,100                  11.1% (July $497,000)
• SE Portland:  $391,200                   8.8% (July $404,100)
• Gresham/Troutdale:   $333,300     9.8%  (July $327,600)
• Milwaukie/Clackamas:  $420,300 12.0% (July $423,100)
• Oregon City/Canby:   $394,800      8.1% (July $392,800)
• Lake Oswego/West Linn:$713,800 8.6%(July $741,100)
• West Portland:    $567,100             6.7%  (July $610,900)
• NW Washington County:$526,500 10.4%(July $536,000)
• Beaverton/Aloha:     $376,800        9.9%  (July $380,900)
• Tigard/Wilsonville:   $439,300        5.9% (July $440,700)
• Hillsboro/Forest Grove: $382,800 13.0% (June $385,100)

6 Days – $25,000 Over Asking. Happy Buyers and Sellers!