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