Portland Real Estate Statistics: Week of April 5th 2009

This Week:
The median single family home price in PORTLAND this week is $309,900. The Market Action Index has been
climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.

Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Supply and Demand
Local conditions are currently quite strongly in the Buyer’s Market zone (below 30). The 90-day Market Action Index stands at 17. With several months of inventory available at the current sales rate, buyers should find ample choice.

Quartiles
Investigate the market in quartiles – where each quartile is 25% of the homes:
- Most-Expensive 25% of homes
- Upper-Middle 25% of homes
- Lower-middle 25% of homes
- Least-expensive 25% of homes

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See Also: Portland Real Estate Statistics

1. Reetfliliaw says:

   June 5, 2009 at 3:06 pm

   Hi, Congratulations to the site owner for this marvelous work you’ve done. It has lots of useful and interesting data.

   Reply
2. BobMarche says:

   June 10, 2009 at 3:40 pm

   Thanks for the useful info. It’s so interesting

   Reply