Portland's Median Home Price is Down 6%.

Portland's Median Ho​me Price is Down 6%. Plus the 10 Best/Worst Markets for 2023!

  • The Supply of active listings continues to fall for the 12th straight week. This is coupled with stronger buyer demand and more favorable interest rates. 
  • The Median Sale Price came in at -6% two weeks ago, but has moderated to -2% this past week. Average Sale Price landed 9% below the same time period last year. Great News for Buyers!
  • The Average Days on Market increased to 52 (compared to 39 days last year). The Median Days on Market came in at 39 (vs only 8 days last year). 
  • We're seeing a bifurcation of the market. Many well-priced and move-in ready homes are getting multiple offers and excellent terms. Homes that are not as market-ready are struggling to sell. 

2825 NW Upshur ST #H Po​rtland, OR 97210

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