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 (3,763) decreased 11.8% from the 4,267 listed in July 2021, and decreased 12.4% from the 4,295 listed in June 2022.
  • Pending sales (2,445) decreased 27.1% from the 3,354 offers accepted in July 2021, and decreased 4.6% from the 2,563 offers accepted in June 2022.
  • Closed sales (2,369) decreased 31.1% from the 3,439 closings in July 2021, and decreased 18.1% from the 2,893 closings in June 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through July, the average sale price has increased 9.4% from $567,800 to $620,900. In the same comparison, the median sale price has increased 10.0% from $500,000 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
16
$525,000
5.8%
NE Portland
19
$549,500
5.8%
SE Portland
17
$500,000
8.7%
Gresham/Troutdale
20
$495,000
14.0%
Milwaukie/Clackamas
29
$575,900
11.4%
Oregon City/Canby
18
$590,000
13.5%
Lake Oswego/West Linn
15
$853,500
12.0%
W Portland
36
$647,300
6.8%
NW Washington County
13
$758,500
18.9%
Beaverton/Aloha
13
$545,000
14.9%
Tigard/Wilsonville
14
$625,000
13.4%
Hillsboro/Forest Grove
23
$530,000
14.4%
Mt. Hood
18
$551,000
33.1%
Columbia Co.
26
$449,500
19.1%
Yamhill Co.
21
$465,000
10.2%

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 (978) decreased 19.4% from the 1,213 listed in July 2021, and decreased 16.1% from the 1,165 listed in June 2022.
  • Pending sales (702) decreased 27.6% from the 969 offers accepted in July 2021, and increased 4.2% from the 674 offers accepted in June 2022.
  • Closed sales (666) decreased 32.9% from the 993 closings in July 2021, and decreased 14.6% from the 780 closings in June 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through July, the average sale price has increased 15.0% from $509,000 to $585,300. In the same comparison, the median sale price has increased 16.2% from $452,000 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
17
$445,000
13.1%
NW Heights
19
$375,000
12.2%
SW Heights
33
$461,300
5.4%
Lincoln/Hazel Dell
25
$460,000
13.5%
E Hazel Dell
23
$481,500
16.6%
NE Heights
13
$452,000
10.5%
Orchards
14
$425,000
12.6%
Evergreen
16
$445,000
15.5%
E Heights
26
$500,000
14.7%
Cascade Park
29
$520,000
13.9%
Five Corners
12
$460,000
15.9%
E Orchards
34
$535,500
12.3%
Fisher's Landing
17
$550,000
24.6%
SE County
14
$925,000
23.9%
Camas City
16
$750,000
20.8%
Washougal
53
$643,200
18.1%
N Hazel Dell
26
$532,500
11.9%
S Salmon Creek
18
$501,000
15.4%
N Felida
17
$606,500
14.5%
N Salmon Creek
14
$585,000
17.6%
Ridgefield
16
$615,100
22.7%
W of I-5 County
-
$859,000
19.3%
NW E of I-5 County
33
$702,500
6.2%
Battleground
23
$540,000
18.3%
Brush Prairie
46
$585,000
13.2%
East County
26
$825,000
27.5%
Central County
6
$757,000
13.5%
Mid-Central County
21
$872,500
15.8%
Yacolt
17
$527,500
17.3%
La Center
36
$586,300
18.4%
N Central
30
$520,000
2.1%
NE Corner
25
$725,000
18.9%
Woodland City
17
$460,000
24.9%
Woodland Area
13
$630,000
9.5%
Cowlitz County
16
$385,000
12.1%
Pacific County
61
$352,500
22.1%

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 (161) decreased 30.6% from the 232 listed in July 2021, and decreased 30.3% from the 231 listed in June 2022.
  • Pending sales (136) decreased 19.0% from the 168 offers accepted in July 2021, and decreased 3.5% from the 141 offers accepted in June 2022.
  • Closed sales (123) decreased 28.1% from the 171 closings in July 2021, and decreased 19.1% from the 152 closings in June 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through July, the average sale price has increased 18.1% from $307,800 to $363,500. In the same comparison, the median sale price has increased 16.5% from $279,000 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
49
$294,000
5.5%
NW Roseburg
49
$449,500
11.1%
SE Roseburg
26
$297,500
21.0%
SW Roseburg
37
$377,500
20.4%
Glide & E of Roseburg
23
$607,000
29.4%
Sutherlin/Oakland Area
37
$345,000
19.7%
Winston & SW of Roseburg
41
$334,900
19.6%
Myrtle Creek & S/SE of Roseburg
40
$261,000
2.8%
Green District
24
$286,500
21.2%
North Douglas County
34
$325,000
17.7%

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 (13) decreased 13.3% from the 15 listed in July 2021, and increased 30.0% from the 10 listed in June 2022.
  • Pending sales (2) decreased 75.0% from the 8 offers accepted in July 2021, and decreased 33.3% from the 3 offers accepted in June 2022.
  • Closed sales (3) decreased 50.0% from the 6 closings in July 2021, and decreased 40.0% from the 5 closings in June 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through July, the average sale price has decreased 1.8% from $465,400 to $456,900. In the same comparison, the median sale price has decreased 5.2% from $439,000 to $416,000.

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
-4.5%
Cave Junction
-
$300,000
31.2%
Grants Pass (97526)
25
$439,900
17.0%
Grants Pass (97527)
83
$414,000
7.8%
Grants Pass (97528)
-
-
-
Kerby
-
-
-
Merlin
-
$550,000
-32.4%
Murphy
-
-
-
O'Brien
-
$449,000
-
Selma
-
-
-65.4%
Wilderville
-
-
-
Williams
-
-
-48.3%
Medford (97501)
19
$369,000
0.4%
Central Point
-
$414,500
-49.8%
White City
-
-
-
Medford (97504)
-
$340,000
-10.2%
Ashland
-
-
21.9%
Butte Falls
-
-
-
Eagle Point
-
-
-
Gold Hill
-
-
-
Jacksonville
-
-
-
Phoenix
-
-
-
Prospect
-
-
-
Rogue River
-
-
66.4%
Shady Cove
-
$399,000
-
Talent (97540)
-
-
-
Talent (97541)
-
-
286.6%

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 (279) increased 15.3% from the 242 listed in July 2021, and decreased 0.4% from the 280 listed in June 2022.
  • Pending sales (193) decreased 18.6% from the 237 offers accepted in July 2021, and increased 1.0% from the 191 offers accepted in June 2022.
  • Closed sales (159) increased 6.7% from the 149 closings in July 2021, and decreased 18.9% from the 196 closings in June 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through July, the average sale price has increased 14.4% from $505,800 to $578,700. In the same comparison, the median sale price has increased 17.1% from $427,000 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
28
$520,000
22.6%
Hammond/Warrenton
21
$465,000
13.7%
Gearheart West
45
$805,000
25.9%
Gearheart East
-
$675,000
48.8%
Seaside Northwest
25
$585,000
40.6%
Seaside North Central
24
$442,500
6.2%
Seaside Southwest
31
$525,000
14.8%
Seaside South Central
-
$651,500
27.5%
Seaside East
21
$450,000
18.5%
Cannon Beach/Tolovana Park
39
$690,000
21.4%
Arch Cape/Cove Beach/Falcon Cove
-
$3,250,000
43.7%
Rural Clatsop County
60
$353,500
25.0%
Arch Cape
-
-
12.5%
Manzanita
11
$850,000
37.5%
Nehalem
5
$403,000
6.5%
Wheeler
-
$366,500
10.3%
Rockaway Beach
16
$424,500
22.7%
Bay City
59
$399,000
39.5%
Garibaldi
23
$280,300
3.0%
Netarts
24
$514,500
26.6%
Tillamook
23
$387,500
23.7%
Oceanside
8
$703,500
30.1%
Beaver
-
$424,000
-5.7%
Hebo
-
$183,500
-18.1%
Cloverdale
19
$582,500
69.2%
Pacific City
14
$795,000
39.2%
Neskowin
22
$798,900
40.4%
Lincoln City
56
$520,000
15.5%
Neotsu
-
$505,000
5.6%
Otis
25
$387,000
28.2%
Depoe Bay
20
$518,000
11.7%
Gleneden Beach
41
$625,200
-1.5%
Otter Rock
-
$235,000
360.0%
Newport
40
$462,500
58.3%
South Beach
17
$630,000
39.9%
Eddyville
-
-
-
Logsden
-
-
-
Toledo
40
$329,000
29.9%
Siletz
-
$350,000
20.7%
Tidewater
32
$399,000
12.1%
Yachats
37
$800,000
-19.8%
Waldport
11
$459,000
13.2%
Seal Rock
-
$399,000
49.2%