12-Month Portland Appreciation - October 2005 vs. October 2004

Home prices across the Portland metro area continue to appreciate at prodigious rates through October 2005.

As reported by the Portland multiple listing service (RMLS), the average sale price in the Portland area was up 14.2% over the previous average from the 12 months prior.

Here are the 12-month averages for Portland metro communities:

21.3% - Tigard / Tualatin / Wilsonville
17.1% - North Portland
16.6% - Hillsboro / Forest Grove
16.4% - Oregon City / Canby
15.6% - Milwaukie / Clackamas
15.0% - Northeast Portland
14.9% - Lake Oswego / West Linn
14.3% - Southeast Portland
13.7% - West Portland
13.5% - Beaverton / Aloha
12.5% - Gresham / Troutdale
12.1% - NW Washington County

Note: Appreciation percentages are based on a comparison of average price from the last 12 months (11/01/04 - 10/31/05) with 12 months before (11/01/03 - 10/31/04).

Source: RMLS, October 2005.

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Add comment November 17th, 2005