The accuracy of this forecast for portland is 77 and it is predicting a positive trend. It takes a very busy real estate agent top 1 in portland to keep a finger on its pulse.
The 2021 portland real estate market is full of uncertainty but we ve experienced enough of the post covid19 housing market to have some confidence in creating a solid forecast.
Portland housing market forecast. Housing market trends in portland or. After quickly reviewing the current portland real estate market trends now let s see how these trends are affecting portland real estate investors. The average sale price of a home in portland was 485k last month up 9 0 since last year.
Portland real estate market our local portland real estate market is always changing. Comparing the first two months of 2020 to the same period in 2019 the portland area s median sale price in which half of the properties sold at a higher price and the other half at a lower. The compiled data includes portland homes in every quadrant neighborhood subdivision and enclave with a portland street address.
Portland oregon market statistics. In august 2020 the median list price of homes in portland or was 499 9k trending up 5 2 year over year. We will follow up with a second housing market projection in jan.
Homes in portland receive 4 offers on average and sell in around 10 days. We write portland housing market forecasts twice a year an annual best month of the year to sell or buy a home article population growth articles portland development articles articles on real estate market trends. Portland housing market forecast for 2020.
Below you will find current local real estate market stats for single family homes condos and townhomes within the city of portland oregon. The median listing price per square foot was 272. Here is a short and crisp portland housing market forecast for the 3 years ending with the 3rd quarter of 2021.
2021 but this should be a good guide to any home buyer or seller in the portland real estate. Here are the top housing market predictions you need to know before buying a portland rental property in 2020. The average sale price per square foot in portland is 264 up 7 8 since last year.
The portland housing market is somewhat competitive.
Portland Real Estate Forecast Housing Market Prediction Up To 471753 Usd Portland City Real Estate Market Forecast 2020 2030 Long Term Short Term Property Home Price Prediction With Smart Technical Analysis