Portland Area Homes By Price Range

January 9th, 2006

Here’s a quick price range analysis of the current inventory of single-family homes and condominiums in Portland metropolitan area, nearly 5,000 listings.

Nearly 50% of the Portland inventory is priced between $200,000 and $400,000, and 3/4 of the area’s homes are under a half million dollars–pretty affordable by most West coast city standards.

The graph below shows the distribution of Portland-area homes, broken down by percentage into $100,000 price ranges.

Portland-Area Homes Listed by Price Range

Interesting little bump on the end of the graph–around 275 properties over $1 million.

The most expensive property? A 6-bedroom, 7 1/2 bath, 10,000 sq. ft. Craftsman-style estate on Lake Oswego’s south shore listed at $7,995,000. By all means, give me a call if you have an interest in this one

Source: RMLS, January 9, 2006. Hat tip to Salvador Del Cid for the price range idea.

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Entry Filed under: Market Activity