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 (1,073) decreased 32.9% from the 1,599 listed in December 2021, and decreased 35.6% from the 1,666 listed in November 2022.
  • Pending sales (1,206) decreased 37.9% from the 1,942 offers accepted in December 2021, and decreased 19.5% from the 1,498 offers accepted in November 2022.
  • Closed sales (1,464) decreased 43.3% from the 2,582 closings in December 2021, and decreased 9.7% from the 1,621 closings in November 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through December, the average sale price has increased 6.8% from $571,900 to $610,900. In the same comparison, the median sale price has increased 7.7% from $509,000 to $548,400.

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
45
$515,000
2.7%
NE Portland
57
$540,000
4.5%
SE Portland
64
$490,000
4.8%
Gresham/Troutdale
55
$490,000
7.0%
Milwaukie/Clackamas
60
$570,400
8.5%
Oregon City/Canby
42
$585,000
9.2%
Lake Oswego/West Linn
58
$835,000
6.1%
W Portland
77
$640,000
5.5%
NW Washington County
51
$730,000
14.5%
Beaverton/Aloha
45
$539,000
11.0%
Tigard/Wilsonville
52
$620,000
9.6%
Hillsboro/Forest Grove
46
$529,900
11.1%
Mt. Hood
37
$536,000
24.0%
Columbia Co.
46
$436,000
15.5%
Yamhill Co.
56
$465,000
3.5%

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 (367) decreased 27.5% from the 506 listed in December 2021, and decreased 25.7% from the 494 listed in November 2022.
  • Pending sales (373) decreased 35.5% from the 578 offers accepted in December 2021, and decreased 13.1% from the 429 offers accepted in November 2022.
  • Closed sales (451) decreased 46.1% from the 837 closings in December 2021, and decreased 2.0% from the 460 closings in November 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through December, the average sale price has increased 11.3% from $524,200 to $583,400. In the same comparison, the median sale price has increased 12.6% from $466,200 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
30
$445,000
13.9%
NW Heights
29
$365,000
5.3%
SW Heights
59
$542,500
13.8%
Lincoln/Hazel Dell
33
$456,000
8.5%
E Hazel Dell
58
$479,000
13.6%
NE Heights
38
$446,000
5.6%
Orchards
33
$421,400
3.0%
Evergreen
39
$441,500
11.4%
E Heights
49
$464,000
3.5%
Cascade Park
21
$520,000
13.6%
Five Corners
11
$452,000
10.8%
E Orchards
59
$539,000
11.6%
Fisher's Landing
29
$540,000
11.4%
SE County
42
$838,000
12.5%
Camas City
52
$731,000
15.4%
Washougal
73
$630,000
19.6%
N Hazel Dell
64
$525,000
9.5%
S Salmon Creek
63
$500,000
14.5%
N Felida
64
$599,500
7.4%
N Salmon Creek
46
$566,500
5.8%
Ridgefield
51
$607,000
18.3%
W of I-5 County
55
$848,200
0.0%
NW E of I-5 County
47
$760,000
28.3%
Battleground
58
$548,800
10.0%
Brush Prairie
84
$590,000
13.4%
East County
103
$724,500
9.0%
Central County
-
$795,000
10.8%
Mid-Central County
74
$767,500
12.5%
Yacolt
69
$525,000
15.0%
La Center
56
$584,600
8.9%
N Central
-
$582,500
-10.2%
NE Corner
75
$462,500
5.0%
Woodland City
36
$432,500
2.5%
Woodland Area
-
$620,000
7.4%
Cowlitz County
55
$384,900
5.3%
Pacific County
87
$338,500
3.3%

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 (102) increased 3.0% from the 99 listed in December 2021, and decreased 8.9% from the 112 listed in November 2022.
  • Pending sales (89) decreased 37.8% from the 143 offers accepted in December 2021, and decreased 4.3% from the 93 offers accepted in November 2022.
  • Closed sales (86) decreased 41.1% from the 146 closings in December 2021, and decreased 6.5% from the 92 closings in November 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through December, the average sale price has increased 11.7% from $321,500 to $359,200. In the same comparison, the median sale price has increased 11.3% from $292,000 to $324,900.

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
35
$299,000
-5.2%
NW Roseburg
40
$430,000
20.3%
SE Roseburg
20
$299,500
15.0%
SW Roseburg
59
$365,000
3.3%
Glide & E of Roseburg
80
$537,500
47.4%
Sutherlin/Oakland Area
127
$349,900
15.6%
Winston & SW of Roseburg
136
$330,000
19.8%
Myrtle Creek & S/SE of Roseburg
42
$261,000
-0.2%
Green District
27
$295,500
17.8%
North Douglas County
95
$308,000
7.1%

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 (7) decreased 22.2% from the 9 listed in December 2021, and increased 75.0% from the 4 listed in November 2022.
  • Pending sales (2) increased 100.0% from the 1 offers accepted in December 2021, and matched the 2 offers accepted in November 2022.
  • Closed sales (4) decreased 20.0% from the 5 closings in December 2021, and increased 33.3% from the 3 closings in November 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through December, the average sale price has increased 0.6% from $450,700 to $453,300. In the same comparison, the median sale price has decreased 0.1% from $425,500 to $425,000.

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
-20.8%
Cave Junction
-
$300,000
-16.8%
Grants Pass (97526)
-
$455,000
9.1%
Grants Pass (97527)
12
$425,500
-4.7%
Grants Pass (97528)
-
-
-
Kerby
-
$362,000
-
Merlin
86
$549,900
6.2%
Murphy
-
-
-
O'Brien
-
$449,000
-
Selma
-
-
-
Wilderville
-
-
-
Williams
-
$515,000
66.1%
Medford (97501)
-
$378,500
38.9%
Central Point
-
$375,000
-27.0%
White City
-
-
-
Medford (97504)
-
$269,500
-45.7%
Ashland
-
-
-
Butte Falls
-
-
-
Eagle Point
16
$425,000
48.1%
Gold Hill
-
-
-
Jacksonville
-
-
-
Phoenix
-
-
-
Prospect
-
$66,800
-
Rogue River
-
$425,000
9.8%
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 (91) decreased 2.2% from the 93 listed in December 2021, and decreased 20.2% from the 114 listed in November 2022.
  • Pending sales (80) decreased 26.6% from the 109 offers accepted in December 2021, and decreased 18.4% from the 98 offers accepted in November 2022.
  • Closed sales (86) decreased 35.8% from the 134 closings in December 2021, and decreased 16.5% from the 103 closings in November 2022.

AVERAGE & MEDIAN SALE PRICES

Comparing 2022 to 2021 through December, the average sale price has increased 5.9% from $541,100 to $573,100. In the same comparison, the median sale price has increased 9.9% from $455,000 to $499,900.

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
76
$501,000
6.3%
Hammond/Warrenton
32
$475,000
10.1%
Gearheart West
392
$815,000
13.1%
Gearheart East
-
$645,000
47.0%
Seaside Northwest
31
$550,000
-3.4%
Seaside North Central
37
$427,000
5.3%
Seaside Southwest
83
$546,800
-2.3%
Seaside South Central
-
$378,000
13.1%
Seaside East
135
$438,500
-2.9%
Cannon Beach/Tolovana Park
79
$766,000
-0.3%
Arch Cape/Cove Beach/Falcon Cove
15
$1,300,000
45.8%
Rural Clatsop County
72
$350,000
4.4%
Arch Cape
-
-
-
Manzanita
-
$849,500
14.8%
Nehalem
76
$399,000
-4.1%
Wheeler
-
$415,000
7.2%
Rockaway Beach
58
$411,000
11.6%
Bay City
11
$400,000
30.9%
Garibaldi
4
$299,500
0.6%
Netarts
52
$475,000
6.1%
Tillamook
87
$375,000
0.4%
Oceanside
117
$704,000
26.8%
Beaver
-
$424,000
-12.6%
Hebo
-
$275,000
-17.8%
Cloverdale
199
$490,000
59.9%
Pacific City
93
$723,000
12.0%
Neskowin
54
$763,300
-10.6%
Lincoln City
44
$530,000
2.6%
Neotsu
283
$611,300
68.4%
Otis
60
$387,000
10.7%
Depoe Bay
64
$477,500
-1.8%
Gleneden Beach
62
$599,000
-19.4%
Otter Rock
-
$235,000
-73.4%
Newport
14
$485,000
30.0%
South Beach
-
$713,000
47.2%
Eddyville
-
$432,000
-21.5%
Logsden
-
$725,000
-
Toledo
109
$321,000
-19.2%
Siletz
-
$500,000
45.3%
Tidewater
-
$413,800
-16.1%
Yachats
-
$749,500
17.9%
Waldport
16
$459,300
14.0%
Seal Rock
-
$402,000
-56.5%