Fastest Rising Prices Around Portland

Despite ongoing price increases, the real estate market in the Portland metro area continues to be hot. The Oregonian has compiled the a list of the top 15 areas in and around Portland where home prices are increasing the fastest. After watching the closer-in and eastside areas increase rapidly in price, the market is moving outward and more neighborhoods outside of the core of Portland are seeing prices rise.

These 5 neighborhoods have the highest year-over-year increase in median sale price:

1. Pearl District & Old Town – up 51.8% to $633,846
2. East Lake Oswego – up 24.5% to $749,900
3. King City, Tigard, Tualatin & Bull Mountain – up 20.9% to $429,998
4. Washougal – up 20.5% to $358,000
5. Central Vancouver – up 20.3% to $265,000

See all 15 neighborhoods here: 15 Portland-area neighborhoods where home prices are rising fastest 

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