Average Sale Prices in Portland Communities - December 2005

January 16th, 2006

Here are the average sale prices for properties sold in December 2005 throughout Portland’s metropolitan areas. The metro area median* was $252,900 for a single-family home, but the area average was $296,700.

Lake Oswego / West Linn $480,600
West Portland $430,700
NW Washington County $361,000
Tigard / Tualatin / Wilsonville / Sherwood $352,400
Oregon City / Canby $319,300
Milwaukie / Clackamas $300,100
Northeast Portland $278,100
Beaverton / Aloha $269,700
Yamhill County $263,900
Hillsboro / Forest Grove $258,300
Southeast Portland $243,100
Gresham / Troutdale $238,800
North Portland $228,700
Columbia County $211,100

*The median is the middlemost value in a range, and in this case, it denotes the price where half of the homes sold for less than $252,900, and half sold for more. Average, on the other hand, is the total sales dollars divided by the total number of sales.

Source: RMLS, January 2006.

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