Linda Rossi – May 23, 2018
Bringing you an inside look at the most current data available on the Portland area. We’re up across the board from last year and the previous month with the exception of Pending sales which took a tiny dip from March. Make sure to check out your neighborhood below.
Here you go!
- According to the RMLS Market Action Report for the Portland Metro Area, April, 2018:
- There were 3,990 New Listings in April 2018 which was up 6.1% from April of 2017’s 3,759, and up 9.4% from the previous month/March of 2018’s total of 3,648.
- At 2,523, April Closed Sales were up 13.7% from April 2017’s 3,088, and up 6.4% from the previous month/March 2018’s total of 2,371.
- April’s Pending Sales (accepted offers), at 3,008 dropped 2.6% from April of 2017’s 3,043, but were up 3.9% from the previous month/March 2018’s total of 2,894
- The Average Sale Price in April of $452,000 was up $23,200 from April 2017’s $428,800, and also up from March 2018’s $445,900 by $6,100.
Neighborhoods: April’s Average Sale Price + 12-month Appreciation :
- North Portland: $428,500 6.0% (Mar 438,700)
- NE Portland: $491,000 7.6% (Mar 478,900)
- SE Portland: $422,400 7.7% (Mar 418,600)
- Gresham/Troutdale: $348,400 11.6% (Mar 356,400)
- Milwaukie/Clackamas: $430,200 8.7% (Mar 423,400)
- Oregon City/Canby: $419,300 6.5% (Mar 396,500)
- Lake Oswego/West Linn:$630,500 6.6% (Mar 631,100)
- West Portland: $598,800 2.3% (Mar 597,200)
- NW Wash County: $525,700 6.1% (Mar 550,200)
- Beaverton/Aloha: $394,600 9.0% (Mar 386,000)
- Tigard/Wilsonville: $491,900 8.4% (Mar 456,700)
- Hillsboro/Forest Grove: $389,700 9.2% (Mar 403,800)