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

Continued good news for homeowners in the Portland metro area. As reported by the Portland multiple listing service (RMLS), the average sale price in the Portland area rose 14.6% over the previous 12-month average.

One interesting note: Lake Oswego/West Linn home sale price appreciation dropped a full two percentage points from last month, perhaps signaling a softening in that particular market.

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

22.9% - Tigard / Tualatin / Wilsonville
17.7% - North Portland
17.6% - Oregon City / Canby
17.2% - Hillsboro / Forest Grove
16.0% - Milwaukie / Clackamas
15.2% - Northeast Portland
14.8% - Southeast Portland
14.4% - Columbia County
14.1% - West Portland
13.6% - Beaverton / Aloha
13.4% - NW Washington County
13.0% - Gresham / Troutdale
12.9% - Lake Oswego / West Linn
11.3% - Yamhill County

Note: Appreciation percentages are based on a comparison of average price from the last 12 months (12/01/04 - 11/30/05) with 12 months before (12/01/03 - 11/30/04).

Source: RMLS, November 2005.

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