Portland Metro Market Update

Portland Metro Area (OR and WA)
Market Activity for the Week of September 11-17, 2023

Average Days on Market 39 (30 last year)

Median Days on Market 16 (16 last year)

Average Sale price - $600,220 vs $594,664 during the same week last year. (+0.9%)

Median Sale price – $525,000 vs $534,950 during the same week last year. (-1.7%)

Average List Price vs Sale Price
Average Sale Price as a Percentage of the Asking Price – 99.44% (99.48%)
Median Sale Price as a Percentage of the Asking Price – 100% (98.35%)
Average Sale Price as a Percentage of the Original Asking Price – 97.22% (97.27%)

Video Transcript:

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