Licensed Oregon realtor • Scout Realty co, Portland

This Year’s Market Report is here

This Year’s Market Report is here

It’s true, real estate has slowed down here in Portland! The annual neighborhood stats from Portland Monthly are here. After years of double-digit growth, the Portland market only had 5 percent growth in the median home sale price this year. Some highlights:

The biggest drops in median price are Sunnyside, (-13%), Lloyd District, (-12%), and the Northwest District, (-18%). Both Northwest and Lloyd are primarily condos, not single family homes.

Median prices are up in Marshall Park (23%), Far Southwest (24%), Sullivan’s Gulch (53%) and Healy Heights (54%).

Fewest average days on the market (fastest sales) were in Sumner (17 days) and Kerns (18 days).

Click here for a larger version of the map. If you want the full nitty-gritty, visit Portland Monthly’s report.