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).