Greater Portland Metro Area
Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.
RESIDENTIAL HIGHLIGHTS
- New listings (1,764) decreased 31.4% from the 2,571 listed in February 2022, and decreased 9.0% from the 1,938 listed in January 2023.
- Pending sales (1,703) decreased 30.5% from the 2,452 offers accepted in February 2022, and decreased 3.8% from the 1,771 offers accepted in January 2023.
- Closed sales (1,434) decreased 26.0% from the 1,939 closings in February 2022, and increased 31.8% from the 1,088 closings in January 2023.
AVERAGE & MEDIAN SALE PRICES
Comparing 2023 to 2022 through February, the average sale price has decreased 5.3% from $584,100 to $553,300. In the same comparison, the median sale price has decreased 3.7% from $519,100 to $500,000.
SPECIFIC CITIES & NEIGHBORHOODS
Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.
Area
Days on Market
Median Sales Price
Appreciation
N Portland
81
$428,000
1.8%
NE Portland
73
$470,000
5.7%
SE Portland
74
$435,000
4.3%
Gresham/Troutdale
66
$460,500
5.4%
Milwaukie/Clackamas
71
$526,000
5.5%
Oregon City/Canby
51
$536,300
6.3%
Lake Oswego/West Linn
57
$775,000
4.7%
W Portland
115
$544,000
3.4%
NW Washington County
85
$705,000
12.4%
Beaverton/Aloha
53
$506,000
9.4%
Tigard/Wilsonville
50
$562,100
6.9%
Hillsboro/Forest Grove
55
$499,900
10.2%
Mt. Hood
54
$469,000
19.1%
Columbia Co.
77
$412,300
3.8%
Yamhill Co.
64
$469,500
4.7%
SW Washington Market Area
Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.
SW WASHINGTON RESIDENTIAL HIGHLIGHTS
- New listings (461) decreased 45.2% from the 842 listed in February 2022, and decreased 13.8% from the 535 listed in January 2023.
- Pending sales (500) decreased 34.0% from the 758 offers accepted in February 2022, and decreased 2.0% from the 510 offers accepted in January 2023.
- Closed sales (388) decreased 31.6% from the 567 closings in February 2022, and increased 22.4% from the 317 closings in January 2023.
AVERAGE & MEDIAN SALE PRICES
Comparing 2023 to 2022 through February, the average sale price has decreased 1.5% from $560,200 to $552,000. In the same comparison, the median sale price has decreased 1.2% from $506,000 to $499,900.
SPECIFIC CITIES & NEIGHBORHOODS
Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.
Area
Days on Market
Median Sales Price
Appreciation
Downtown Vancouver
73
$532,500
14.6%
NW Heights
42
$335,000
3.0%
SW Heights
8
$517,300
23.5%
Lincoln/Hazel Dell
50
$511,000
4.5%
E Hazel Dell
60
$455,000
10.7%
NE Heights
27
$442,500
6.9%
Orchards
72
$430,000
5.3%
Evergreen
69
$441,000
10.5%
E Heights
20
$399,500
-3.1%
Cascade Park
95
$600,000
14.7%
Five Corners
30
$430,000
9.2%
E Orchards
54
$422,900
6.2%
Fisher's Landing
36
$460,000
6.8%
SE County
117
$599,900
-3.9%
Camas City
66
$639,000
11.8%
Washougal
91
$605,000
15.7%
N Hazel Dell
43
$469,900
9.0%
S Salmon Creek
91
$461,000
12.1%
N Felida
82
$640,000
8.8%
N Salmon Creek
28
$555,000
4.2%
Ridgefield
71
$529,000
14.6%
W of I-5 County
34
$805,000
-5.7%
NW E of I-5 County
96
$650,000
28.6%
Battleground
96
$575,000
8.9%
Brush Prairie
101
$556,700
13.3%
Mid-Central County
52
$509,400
1.3%
La Center
107
$565,000
7.3%
N Central
102
$568,800
-9.8%
NE Corner
-
$1,050,000
-8.0%
Woodland City
106
$360,000
-5.2%
Woodland Area
99
$622,500
4.7%
Cowlitz County
72
$365,000
2.7%
Pacific County
77
$330,000
0.1%
DOUGLAS COUNTY, OREGON
Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.
DOUGLAS COUNTY RESIDENTIAL HIGHLIGHTS
- New listings (110) decreased 24.1% from the 145 listed in February 2022, and decreased 11.3% from the 124 listed in January 2023.
- Pending sales (105) decreased 24.5% from the 139 offers accepted in February 2022, and decreased 16.0% from the 125 offers accepted in January 2023.
- Closed sales (93) decreased 18.4% from the 114 closings in February 2022, and increased 10.7% from the 84 closings in January 2023.
AVERAGE & MEDIAN SALE PRICES
Comparing 2023 to 2022 through February, the average sale price has decreased 5.4% from $334,400 to $316,400. In the same comparison, the median sale price has decreased 4.2% from $306,500 to $293,500.
SPECIFIC CITIES & NEIGHBORHOODS
Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.
Area
Days on Market
Median Sales Price
Appreciation
NE Roseburg
44
$261,300
-3.8%
NW Roseburg
72
$316,500
17.4%
SE Roseburg
24
$240,000
0.1%
SW Roseburg
88
$375,000
0.8%
Glide & E of Roseburg
64
$390,000
40.6%
Sutherlin/Oakland Area
70
$312,500
10.3%
Winston & SW of Roseburg
98
$248,000
17.3%
Myrtle Creek & S/SE of Roseburg
107
$286,300
2.0%
Green District
51
$304,300
19.3%
North Douglas County
38
$247,500
8.2%
JOSEPHINE COUNTY, OREGON
Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.
JOSEPHINE COUNTY RESIDENTIAL HIGHLIGHTS
- New listings (6) increased 20.0% from the 5 listed in February 2022, and matched the 6 listed in January 2023.
- Pending sales (4) decreased 55.6% from the 9 offers accepted in February 2022, and increased 100.0% from the 2 offers accepted in January 2023.
- Closed sales (0) decreased 100.0% from the 2 closings in February 2022, and decreased 100.0% from the 1 closing in January 2023.
AVERAGE & MEDIAN SALE PRICES
Comparing 2023 to 2022 through February, the average sale price has increased 0.3% from $658,300 to $660,000. In the same comparison, the median sale price has increased 5.6% from $625,000 to $660,000.
SPECIFIC CITIES & NEIGHBORHOODS
Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.
Area
Days on Market
Median Sales Price
Appreciation
Grants Pass (97526)
-
$660,000
-2.2%
Grants Pass (97527)
-
-
-1.1%
Grants Pass (97528)
-
-
-
Medford (97501)
-
-
14.0%
Medford (97504)
-
-
-32.8%
Eagle Point
-
$528,600
60.1%
NW OREGON COAST
Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.
NW OREGON COAST RESIDENTIAL HIGHLIGHTS
- New listings (133) decreased 10.7% from the 149 listed in February 2022, and increased 3.9% from the 128 listed in January 2023.
- Pending sales (112) decreased 16.4% from the 134 offers accepted in February 2022, and decreased 8.2% from the 122 offers accepted in January 2023.
- Closed sales (100) decreased 4.8% from the 105 closings in February 2022, and increased 40.8% from the 71 closings in January 2023.
AVERAGE & MEDIAN SALE PRICES
Comparing 2023 to 2022 through February, the average sale price has decreased 7.1% from $577,300 to $536,400. In the same comparison, the median sale price has increased 4.4% from $455,000 to $475,000.
SPECIFIC CITIES & NEIGHBORHOODS
Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.
Area
Days on Market
Median Sales Price
Appreciation
Hammond/Warrenton
145
$595,000
10.7%
Gearheart West
109
$638,000
10.9%
Seaside Northwest
43
$417,000
-4.5%
Seaside North Central
39
$455,000
5.3%
Seaside Southwest
244
$506,300
-2.3%
Seaside South Central
-
$390,000
-23.9%
Seaside East
31
$422,500
2.4%
Cannon Beach/Tolovana Park
22
$688,500
-10.6%
Arch Cape/Cove Beach/Falcon Cove
-
-
67.6%
Rural Clatsop County
116
$281,500
11.3%
Manzanita
47
$819,000
8.1%
Rockaway Beach
92
$457,000
12.4%
Bay City
4
$348,500
21.0%
Netarts
58
$473,500
-3.7%
Tillamook
91
$390,000
3.2%
Oceanside
40
$598,500
18.6%
Cloverdale
-
$589,000
-28.2%
Pacific City
4
$780,000
12.7%
Lincoln City
89
$427,000
-1.5%
Depoe Bay
89
$277,500
-8.9%
Gleneden Beach
195
$345,000
-23.8%
Otter Rock
35
$210,000
-42.6%
Newport
12
$435,000
29.3%
Toledo
109
$507,000
-16.6%
Yachats
13
$100,000
12.6%
Waldport
118
$342,500
10.6%
