Archive for October 28th, 2006

Portland Area Market Activity - October 2006

As many markets around the U.S. have already experienced, the housing market over the past few months in Portland has wound down to historical activity levels. At present, the market appears to have reached a balance between a ‘buyer’s’ market and a ’sellers’ market.

I’ve provided a more complete analysis on my Market Activity page. But here is a quick synopsis of what’s happening by community area.

Area YTD Average Sale Price YTD Median Sale Price 12-Month Appreciation
Lake Oswego / West Linn $539,400 $450,500 18.3%
West Portland $450,500 $378,600 12.1%
NW Washington County $404,200 $365,000 12.2%
Tigard/Tualatin/ Sherwood/Wilsonville $355,200 $319,900 15.4%
Milwaukie / Clackamas $350,500 $305,000 20.0%
Oregon City / Canby $321,100 $281,000 16.3%
Northeast Portland $304,000 $265,300 16.8%
Beaverton / Aloha $279,900 $250,000 15.1%
Hillsboro / Forest Grove $278,000 $255,000 16.7%
Southeast Portland $264,700 $232,000 15.8%
Gresham / Troutdale $262,200 $245,900 14.2%
Yamhill County $261,500 $229,000 22.2%
North Portland $244,900 $235,000 21.3%
Columbia County $226,300 $215,000 15.1%

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2 comments October 28th, 2006


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