Numbers are powerful, especially when it comes to real estate! Whether you are assess whether it’s a good time to buy, sale or invest these numbers can be very valuable in determining offers or best sales price! PLEASE FEEL FREE TO REACH OUT WITH ANY QUESTIONS
Market Action Index
Portland, OR 97230
Tue Aug 13 2024
This week the median list price for Portland, OR 97230 is $499,900 with the market action index hovering around 50. This is less than last month’s market action index of 54. Inventory has increased to 64. Click here to stay informed with the Portland market!
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Strong Seller’s Market
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Portland, OR 97220
Portland, OR 97220
Tue Aug 13 2024
This week the median list price for Portland, OR 97220 is $459,450 with the market action index hovering around 48. This is less than last month’s market action index of 58. Inventory has increased to 58. Click here to stay informed with the Portland market!
Fairview, OR 97024
Tue Aug 13 2024
This week the median list price for Fairview, OR 97024 is $678,500 with the market action index hovering around 53. This is less than last month’s market action index of 63. Inventory has decreased to 10. Click here to stay informed with the Fairview market!
Troutdale, OR 97060
Tue Aug 13 2024
This week the median list price for Troutdale, OR 97060 is $544,900 with the market action index hovering around 54. This is less than last month’s market action index of 56. Inventory has increased to 22. Click here to stay informed with the Troutdale market!
Gresham, OR 97080
Tue Aug 13 2024
This week the median list price for Gresham, OR 97080 is $574,900 with the market action index hovering around 49. This is less than last month’s market action index of 52. Inventory has increased to 97. Click here to stay informed with the Gresham market!
Portland, OR 97236
Tue Aug 13 2024
This week the median list price for Portland, OR 97236 is $474,000 with the market action index hovering around 45. This is less than last month’s market action index of 50. Inventory has increased to 59. Click here to stay informed with the Portland market!
Portland, OR 97211
Tue Aug 13 2024
This week the median list price for Portland, OR 97211 is $642,000 with the market action index hovering around 54. This is less than last month’s market action index of 58. Inventory has held steady at or around 52. Click here to stay informed with the Portland market!
Portland, OR 97232
Tue Aug 13 2024
This week the median list price for Portland, OR 97232 is $932,000 with the market action index hovering around 55. This is an increase over last month’s market action index of 52. Inventory has decreased to 10. Click here to stay informed with the Portland market!
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