The holidays are all around us now!           

Here is your look at the most recent data for the entire Portland area (Nov) and a neighborhood-by-neighborhood breakdown just below it.             (***End-of-Year Numbers/Dec will be out on or about Jan 15th)

According to the RMLS Market Action Report for the Portland Metro Area, November, 2018:

  • There were 2,310 New Listings in November 2018 which was down 4.4% from November of 2017’s 2,416, and also down 25.5% from the previous month/Oct of 2018’s total of 3,100 .
  • At 2,144, November Closed Sales cooled  10.2% from November 2017’s 2,387, and also 12.1 % from the previous month/Oct 2018’s total of 2,440.
  • November’s Pending Sales (accepted offers), at 1,904 are down 19.7% down from November of 2017’s 2,371, and 23.3% from the previous month/Oct 2018’s total of  2,484.
  • The Average Sale Price in November of $448,900 was up $23,900 from last year/November 2017’s $425,000, and down a little from the previous month/Oct 2018’s $454,400 by $5,500.   

Neighborhoods: November’s Average Sale Price + 12-month Appreciation:

  • North Portland:  $412,500              4.6%   (Oct 428,700)
  • NE Portland:  $453,100                    3.7%   (Oct 463,100)
  • SE Portland:  $425,200                     5.3%   (Oct 395,200)
  • Gresham/Troutdale:   $361,600     8.1%   (Oct 359,700)
  • Milwaukie/Clackamas:  $443,400  5.1%   (Oct 410,200)
  • Oregon City/Canby:   $427,200       6.9%   (Oct 408,600)
  • Lake Oswego/West Linn:$728,5001.4%   (Oct 714,500)
  • West Portland:    $601,000               4.3%   (Oct 646,200)
  • NW Wash County:  $511,700           2.9%   (Oct 588,300)
  • Beaverton/Aloha:     $397,200         8.0%   (Oct 398,000 )
  • Tigard/Wilsonville:   $482,000         6.6%   (Oct 454,400 )
  • Hillsboro/Forest Grove: $381,300  6.3%   (Oct 400,500 )