For Buyers and Sellers

How's The Market?


Oregon First, Realtors® | Washington First Properties

Greater Portland Metro Area

Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.

RESIDENTIAL HIGHLIGHTS

  • New listings (2,513) decreased 22.2% from the 3,232 listed in October 2021, and decreased 20.2% from the 3,151 listed in September 2022.
  • Pending sales (1,835) decreased 42.4% from the 3,187 offers accepted in October 2021, and decreased 8.4% from the 2,003 offers accepted in September 2022.
  • Closed sales (1,955) decreased 37.5% from the 3,129 closings in October 2021, and decreased 12.6% from the 2,237 closings in September 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through October, the average sale price has increased 7.8% from $570,600 to $615,000. In the same comparison, the median sale price has increased 8.6% from $506,500 to $550,000.

SPECIFIC CITIES & NEIGHBORHOODS

Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.


Area
Days on Market

Median Sales Price
Appreciation
N Portland
50
$519,000
3.8%
NE Portland
37
$542,000
3.9%
SE Portland
43
$495,000
6.7%
Gresham/Troutdale
39
$494,900
8.9%
Milwaukie/Clackamas
36
$575,000
8.6%
Oregon City/Canby
39
$589,000
11.3%
Lake Oswego/West Linn
38
$835,000
9.5%
W Portland
45
$640,000
7.1%
NW Washington County
40
$730,000
15.8%
Beaverton/Aloha
34
$541,000
12.7%
Tigard/Wilsonville
32
$624,900
11.1%
Hillsboro/Forest Grove
29
$530,000
12.8%
Mt. Hood
55
$545,000
24.2%
Columbia Co.
41
$439,900
17.4%
Yamhill Co.
39
$465,000
5.2%

SW Washington Market Area

Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.

SW WASHINGTON RESIDENTIAL HIGHLIGHTS

  • New listings (636) decreased 28.8% from the 893 listed in October 2021, and decreased 14.9% from the 747 listed in September 2022.
  • Pending sales (480) decreased 46.7% from the 900 offers accepted in October 2021, and decreased 14.9% from the 564 offers accepted in September 2022.
  • Closed sales (536) decreased 40.2% from the 897 closings in October 2021, and decreased 16.8% from the 644 closings in September 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through October, the average sale price has increased 12.8% from $519,500 to $585,800. In the same comparison, the median sale price has increased 13.4% from $462,900 to $525,000.

SPECIFIC CITIES & NEIGHBORHOODS

Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.


Area
Days on Market

Median Sales Price
Appreciation
Downtown Vancouver
40
$439,000
15.4%
NW Heights
41
$371,000
7.1%
SW Heights
38
$550,000
13.7%
Lincoln/Hazel Dell
54
$456,000
12.5%
E Hazel Dell
52
$480,000
14.1%
NE Heights
45
$450,000
7.5%
Orchards
32
$425,000
6.1%
Evergreen
26
$443,200
14.4%
E Heights
43
$469,900
3.8%
Cascade Park
47
$525,300
17.7%
Five Corners
27
$452,000
13.3%
E Orchards
70
$541,500
11.5%
Fisher's Landing
32
$540,000
14.4%
SE County
35
$838,000
18.5%
Camas City
37
$725,000
16.6%
Washougal
39
$641,000
19.9%
N Hazel Dell
40
$533,800
11.9%
S Salmon Creek
43
$500,000
16.9%
N Felida
40
$600,000
9.1%
N Salmon Creek
29
$570,000
12.9%
Ridgefield
40
$619,900
21.3%
W of I-5 County
32
$872,000
7.9%
NW E of I-5 County
35
$760,000
18.7%
Battleground
56
$545,000
12.2%
Brush Prairie
59
$589,500
13.4%
East County
110
$772,500
19.2%
Central County
29
$776,000
16.6%
Mid-Central County
53
$835,000
18.5%
Yacolt
30
$540,000
17.9%
La Center
34
$586,300
10.7%
N Central
57
$552,500
-10.7%
NE Corner
-
$440,000
1.3%
Woodland City
8
$435,000
11.6%
Woodland Area
55
$610,000
8.4%
Cowlitz County
46
$385,000
9.0%
Pacific County
53
$340,000
8.2%

DOUGLAS COUNTY, OREGON

Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.

DOUGLAS COUNTY RESIDENTIAL HIGHLIGHTS

  • New listings (156) decreased 0.6% from the 157 listed in October 2021, and decreased 8.8% from the 171 listed in September 2022.
  • Pending sales (115) decreased 31.1% from the 167 offers accepted in October 2021, and decreased 5.0% from the 121 offers accepted in September 2022.
  • Closed sales (116) decreased 37.0% from the 184 closings in October 2021, and decreased 10.8% from the 130 closings in September 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through October, the average sale price has increased 12.7% from $319,800 to $360,400. In the same comparison, the median sale price has increased 12.5% from $289,000 to $325,000.

SPECIFIC CITIES & NEIGHBORHOODS

Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.


Area
Days on Market

Median Sales Price
Appreciation
NE Roseburg
28
$296,200
-6.9%
NW Roseburg
48
$430,000
15.8%
SE Roseburg
26
$299,800
14.8%
SW Roseburg
42
$365,000
6.4%
Glide & E of Roseburg
45
$550,500
43.6%
Sutherlin/Oakland Area
40
$348,000
17.5%
Winston & SW of Roseburg
52
$330,000
19.0%
Myrtle Creek & S/SE of Roseburg
82
$258,100
-4.6%
Green District
25
$299,000
23.4%
North Douglas County
61
$310,000
8.0%

JOSEPHINE COUNTY, OREGON

Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.

JOSEPHINE COUNTY RESIDENTIAL HIGHLIGHTS

  • New listings (11) increased 120.0% from the 5 listed in October 2021, and decreased 21.4% from the 14 listed in September 2022.
  • Pending sales (7) increased 40.0% from the 5 offers accepted in October 2021, and matched the 7 offers accepted in September 2022.
  • Closed sales (7) increased 133.3% from the 3 closings in October 2021, and increased 133.3% from the 3 closings in September 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through October, the average sale price has decreased 3.7% from $470,100 to $452,700. In the same comparison, the median sale price has decreased 5.4% from $437,500 to $414,000.

SPECIFIC CITIES & NEIGHBORHOODS

Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.


Area
Days on Market

Median Sales Price
Appreciation
Wolf Creek
-
$325,000
-3.2%
Cave Junction
199
$300,000
-16.8%
Grants Pass (97526)
37
$447,500
4.4%
Grants Pass (97527)
71
$414,000
-6.8%
Grants Pass (97528)
-
-
-
Kerby
-
$362,000
-
Merlin
-
$550,000
-27.7%
Murphy
-
-
-
O'Brien
-
$449,000
-
Selma
-
-
-65.4%
Wilderville
-
-
-
Williams
77
$515,000
66.1%
Medford (97501)
34
$388,000
1.9%
Central Point
-
$375,000
-51.4%
White City
-
-
-
Medford (97504)
2
$269,500
-45.6%
Ashland
-
-
-26.2%
Butte Falls
-
-
-
Eagle Point
-
$425,000
48.1%
Gold Hill
-
-
-
Jacksonville
-
-
-
Phoenix
-
-
-
Prospect
-
$66,800
-
Rogue River
-
$425,000
-12.0%
Shady Cove
-
$399,000
-
Talent (97540)
-
-
-
Talent (97541)
-
-
-

NW OREGON COAST

Here are the most recent numbers from the Regional Multiple Listing Service’s “Market Action” report that comes out mid-monthly and is e-mailed to all member Realtors®. This is data specific to our market, and drills down into particular cities and neighborhoods so it’s much more accurate than the national and regional reports you find in most media reports.

NW OREGON COAST RESIDENTIAL HIGHLIGHTS

  • New listings (166) increased 1.2% from the 164 listed in October 2021, and increased 6.4% from the 156 listed in September 2022.
  • Pending sales (115) decreased 33.9% from the 174 offers accepted in October 2021, and decreased 17.3% from the 139 offers accepted in September 2022.
  • Closed sales (131) decreased 35.1% from the 202 closings in October 2021, and decreased 27.6% from the 181 closings in September 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through October, the average sale price has increased 8.0% from $534,000 to $576,800. In the same comparison, the median sale price has increased 11.1% from $450,000 to $500,000.

SPECIFIC CITIES & NEIGHBORHOODS

Below is a table with data for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed until an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market.


Area
Days on Market

Median Sales Price
Appreciation
Astoria
34
$500,300
13.4%
Hammond/Warrenton
39
$475,000
11.7%
Gearheart West
17
$797,000
11.5%
Gearheart East
21
$675,000
50.9%
Seaside Northwest
59
$579,000
1.9%
Seaside North Central
26
$432,000
-2.0%
Seaside Southwest
19
$543,500
3.0%
Seaside South Central
70
$401,500
13.3%
Seaside East
21
$450,000
6.4%
Cannon Beach/Tolovana Park
50
$766,000
-3.0%
Arch Cape/Cove Beach/Falcon Cove
26
$1,300,000
51.7%
Rural Clatsop County
41
$353,500
10.7%
Arch Cape
-
-
12.5%
Manzanita
27
$849,500
19.1%
Nehalem
18
$404,500
3.1%
Wheeler
22
$415,000
15.5%
Rockaway Beach
82
$424,000
12.8%
Bay City
16
$400,000
29.8%
Garibaldi
27
$299,000
12.2%
Netarts
49
$492,400
23.0%
Tillamook
83
$375,000
13.3%
Oceanside
40
$703,000
33.3%
Beaver
-
$424,000
-12.6%
Hebo
-
$275,000
-14.5%
Cloverdale
77
$515,000
68.6%
Pacific City
50
$737,000
19.2%
Neskowin
-
$765,000
16.8%
Lincoln City
52
$537,000
7.2%
Neotsu
-
$605,000
44.9%
Otis
59
$412,000
33.5%
Depoe Bay
23
$483,000
6.8%
Gleneden Beach
23
$624,300
-19.1%
Otter Rock
-
$235,000
59.0%
Newport
23
$437,500
60.5%
South Beach
1
$713,000
44.6%
Eddyville
19
$432,000
-21.5%
Logsden
-
$725,000
81.3%
Toledo
84
$325,000
34.7%
Siletz
-
$425,000
17.1%
Tidewater
9
$413,800
-18.3%
Yachats
44
$800,000
6.7%
Waldport
69
$459,300
17.3%
Seal Rock
-
$402,000
-24.7%