October 2011 Portland, Oregon Real Estate Statistics:
Please check back soon as we are currently revamping this section to give you the very best information available in the easiest to read format. Meanwhile feel free to e-mail me and request the RMLS market action report below.
Inventory by Area by Month: If no new listings were added to the market the inventory in months tells us how long it would take to clear off the current inventory available at the current rate of sale.
Portland:
North Portland 6.9 months
West Portland 6.75 months
Northeast Portland 4.68 months
Southeast Portland 5.07 months
Suburbs:
Beaverton/Aloha 4.87 months
Hillsboro/Forest Grove 6.05 months
Gresham/Troutdale 6.19 months
Milwaukie/Clackamas 8.42 months
Oregon City/Canby 8.45 months
Lake Oswego/West Linn 9.88 months
Average Sales Price This Month: This is the average sales price by area for the month.
Portland:
North Portland $199,100
West Portland $357,700
Northeast Portland $259,500
Southeast Portland $212,200
Suburbs:
Beaverton/Aloha $217,000
Hillsboro/Forest Grove $202,700
Gresham/Troutdale $196,300
Milwaukie/Clackamas $254,700
Oregon City/Canby $241,900
Lake Oswego/West Linn $410,600
Average Sales Price Percent Change: This calculate the rolling average sales price over the last 12 months to the rolling average sales price the previous 12 months. This is a great indicator as to if the market is appreciating or depreciating.
Portland:
North Portland -6%
West Portland -3.4%
Northeast Portland -5.4%
Southeast Portland -8.5%
Suburbs:
Beaverton/Aloha -12.1%
Hillsboro/Forest Grove -8.8%
Gresham/Troutdale -8.2%
Milwaukie/Clackamas -10.5%
Oregon City/Canby -11.4%
Lake Oswego/West Linn -3.4%
For the corresponding statistical data for market conditions ending October 31, 2011 click here.
To get a copy of the Market Action Report as published by the RMLS for any given month simply e-mail me here.
Click on any link below to see any of the previous residential real estate statistics for Portland broken down by month and year:
Real Estate Statistics For Portland, Oregon:
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