• According to the RMLS Market Action Report for the Portland Metro Area, September, 2017:
    • There were 3,644 New Listings in Sept 2017 which was down .08% from Sept of 2016’s 3,673, and down 10% from August of 2017’s total of 4,048.
    • At 2,660, Sept Closed Sales were down 5.8% from Sept 2016’s 2,823, and 12.3% from the previous month/August 2017’s total of  3,034.
    • September’s Pending Sales (accepted offers), at 2,730 dropped 4.4% from Sept of 2016’s 2,857, and 11.1% from the previous month/August 2017’s total of 3,072.
    • The Average Sale Price in September of $426,700 was up $34,500 from September 2016’s $392,200, and down from August 2017’s $436,400 by $9,700.    (***This is typical seasonal adjustment. This year we’ve seen roughly $10,000 drops in Average Sale Price per month in August and Sept.)                  
  • Sept Average Sale Price + Appreciation (last 12 months):

  • North Portland:  $374,900                7%    (Aug $436,400)
  • NE Portland:  $447,100                      9.6% (Aug $460,100)
  • SE Portland:  $400,900                       8.7% (Aug $391,200)
  • Gresham/Troutdale:   $341,800     10.5%(Aug $333,300)
  • Milwaukie/Clackamas:  $418,500   10.4%(Aug $420,300)
  • Oregon City/Canby:   $416,900        8.9% (Aug $394,800)
  • Lake Oswego/West Linn:$678,200  8.2% (Aug $713,800)
  • West Portland:    $572,100                 6.9%(Aug $567,100)
  • NW Washington County:$501,200   9.9% (Aug $526,500)
  • Beaverton/Aloha:     $369,200           9.7% (Aug $376,800)
  • Tigard/Wilsonville:   $434,600           6.3% (Aug $439,300)
  • Hillsboro/Forest Grove: $385,400   12.1%(Aug $382,800)