Portland Neighborhoods


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July Real Estate Market Numbers

As we move through the summer months we are seeing the typical seasonal dips we expect for this time of year. Home prices tend to peak in June and settle back down a bit in July and August. We saw that trend play out last month when the median home price fell…

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Market Snapshot: 97201 – SW Portland

**Every month RMLS releases statistics on the Portland Metro Area as a whole. But not every neighborhood is the same, so we’re running a series on the neighborhoods of Portland to get a better look at different parts of the city! This week we take a closer look at inner SW Portland…

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April Real Estate Market Numbers

In the latest report from RMLS, nearly all the metrics we use to evaluate the real estate market were up. Compared to last year, new listings in the metro area increased by over 6%, pushing up inventory to 1.8 months (about 7½ weeks). Closed sales were also very strong in April –…

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February Real Estate Market Numbers

February was a fairly steady month for the Real Estate market in Portland. After the large rebound we saw in January, February held steady with new listings and pending sales staying basically even compared to both last month and last year. Closed sales increased by almost 11% – a result of the…

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January Real Estate Market Numbers

After the uneven numbers we saw in December, the market in January had a nice rebound. Both New Listings and Pending Sales were up substantially from December. This was the strongest January we’ve seen for pending listings in over 10 years – marking a good start to the year. January’s closed sales…

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Affordable Housing Breaks Ground in Lloyd District

The City of Portland’s largest affordable housing project in 50 years broke ground in the Lloyd District last month. The 12-story building is going up along NE Grand Avenue between NE Hassalo and NE Holladay streets and will have 240 apartment units (a mix of studios, 1-bedrooms and 2-bedrooms) with ground-floor commercial…

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