Portland Real Estate Market Home Prices – 2022 Report
February 11, 2022
As we enter spring 2022, we thought we’d take stock of Portland real estate market prices to see where things stand and maybe get a clue about what they might mean for the market moving forward. We took a look at each quadrant of the city and checked the last monthly average sales prices, year-to-date average sales prices, recent closed sales, year-to-date closed sales, average days on the market, and price increases. Before we get to those numbers, though, here’s a look at Portland’s overall real-time market profile as of the writing of this article. From this chart, we can see the continued decrease in inventory and the continued increase in prices, along with other telling information. Normal seasonal trends...
