Linda and her team: Getting You Where You Want to Go!
Overview/Fluctuations:
Per RMLS Market Data for the Portland Metro Area, June 2019:
- There were 4,281 New Listings in June 2019 which was down 5.2% from June of 2018’s 4,515, and a whopping 12.7% from the previous month/May’s 4,902.
- At 2,756 June 2019’s Closed Sales were also down at 6.4% under June 2018’s 2,946, and 7.2% increase over the previous month/May 2019’s total of 2,969.
- June 2019’s Pending Sales (accepted offers), at 3,083 were up a tiny bit at 0.8% over June of 2018’s 3,059, but down 6.3% from the previous month/May 2019’s total of 3,292.
- The Average Sale Price in June 2019 of $472,700 rose only slightly at $300.00 over last year/June 2018’s $472,400, and was up just $1,500 from the previous month/May 2019’s $471,200.
- The “Median” Sale Price (the price smack dab in the middle of all sales) in June 2019 of $420,000 was up modestly from last year/June 2018’s $417,900 by $2,100, and exactly the same as the previous month/May 2019’s $420,000 .
Neighborhoods:
May's Average Sale Price + 12-month Appreciation (and Year-to-Date Median Sale Price):
- North Portland: $417,900 0.2% (May $405,000) YTD Median: $405,000
- NE Portland: $491,500 0.0% (May $534,500) YTD Median: $429,700
- SE Portland: $434,700 3.4% (May $433,500) YTD Median: $375,000
- Gresham/Troutdale: $374,900 5.8% (May $368,200) YTD Median: $353,500
- Milwaukie/Clackamas: $484,200 3.3% (May $444,600) YTD Median: $414,000
- Oregon City/Canby: $460,900 6.2% (May $435,700) YTD Median: $413,000
- Lake Oswego/West Linn:$702,000 0.2% (May $695,600) YTD Median: $580,000
- West Portland: $611,000 1.3% (May $637,800) YTD Median: $525,000
- NW Wash County: $535,000 -1.9% (May $536,900) YTD Median: $510,000
- Beaverton/Aloha: $411,100 5.8% (May $414,200) YTD Median: $390,000
- Tigard/Wilsonville: $472,800 2.0% (May $472,100) YTD Median: $440,000
- Hillsboro/Forest Grove: $433,200 3.4% (May $423,400) YTD Median: $380,000
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