How's the Portland Market?

A weekly update on the Portland real estate market.

 

How's the Market?

PDX metro area real estate statistics for the week of Dec 20--26, 2021. These numbers are for the full metro area - including both Vancouver, Washington, and the Portlandia, Oregon areas.

December 28, 2021
Portland Metro Area (OR and WA)
Market Activity for the Week of December 20 through December 26, 2021 

Homes Sold: 588 vs previous weeks: 719; 656; 821; 503; 814; 701; 699; 888; 772; 751; 743; 939, 722; 809; 625; 888; 833; 843; 770; 698; 895; 793; 868; 732; 1035; 1035; 917; 802; 737; 685; 896; 792; 807; 749; 848; 684; 733; 687; 687; and 581. During the same week last year, this number was 555.

Active Listings: 1843 vs previous weeks: 2020; 2232; 2376; 2459; 2719; 2905; 2984; 3128; 3341; 3514; 3556; 3583; 3667; 3604; 3614; 3439; 3595; 3555; 3498; 3487; 3427; 3446; 3278; 3209; 3425; 3091; 2967; 2822; 2744; 2568; 2593; 2476; 2289; 2265; 2173; 2275 2252; 2163; 2135; and 1998. 

Total number of Pending Deals: 4272 vs previous weeks: 4499; 5035; 5355; 5399; 5535; 5626; 5638; 5844; 5827; 5941; 5890; 6005; 6032; 6000; 6020; 6126; 6294; 6293; 6294; 6195; 6244; 6256; 6250; 6186; 6586; 6593; 6664; 6546; 6587; 6640; 6561; 6501; 6388; 6393; 6216; 6049; 5894; 5835 and 5779.

New Active Listings: 124 vs previous weeks: 251; 335; 404; 219; 431; 494; 514; 506; 539; 653; 661; 668; 740; 718; 789; 564; 698; 722; 714.

New Pending Deals: 438 vs previous weeks: 609; 714; 656; 869; 853; 889; 919; 993; 944; 938; 1009; 970; 1052; 842; 966; 975; 973; 1046; 1002; 1074; 1049; 1101; 836; 934; 1030; 1050; 1068; 904; 1084; 1117; 1079; 998; 1037; 1088; 952; and 894. 

Average Days on Market 22 (28 last year)

Median Days on Market 7 (9 last year)

Average Sale price - $576,836 vs $508,362 during the same week last year.

Median Sale price – $506,533 vs $442,500 during the same week last year.

Total Sales Volume – $399,179,568 vs $282,140,910 during the same week last year.

Average List Price vs Sale Price
Average Sale Price as a Percentage of the Asking Price  – 100.98%
Median Sale Price as a Percentage of the Asking Price – 101.4%
Average Sale Price as a Percentage of the Original Asking Price – 100.28%

 

Market Trend Data

Active Listings December 28, 2021

 

Homes Sold December 28, 2021

Homes Sold December 28, 2021

 

New Pending Deals December 28, 2021

New Pending Deals December 28, 2021

 

Total Pending Deals December 28, 2021

Total Pending Deals December 28, 2021

 

Median Days on Market December 28, 2021

Median Days on Market December 28, 2021

 

Average Sales Price December 28, 2021

Average Sales Price December 28, 2021

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