August 3rd
Portland Metro Area (OR and WA)
Market Activity for the Week of July 26th through August 1st
Homes Sold: 895 vs previous weeks: 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 1042.
Active Listings: 3427 vs previous weeks: 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: 6195 vs vs previous weeks: 6244; 6256; 6250; 6186; 6586; 6593; 6664; 6546; 6587; 6640; 6561; 6501; 6388; 6393; 6216; 6049; 5894; 5835 and 5779.
New Pending Deals: 1074 vs previous weeks: 1049; 1101; 836; 934; 1030; 1050; 1068; 904; 1084; 1117; 1079; 998; 1037; 1088; 952; and 894.
Average Days on Market: 17 (35 last year)
Median Days on Market: 5 (11 last year).
Average Sale Price: $595,897 vs $511,094 during the same week last year.
Total Sales Volume: $533,327,815 vs $532,559,948 during the same week last year.
Average List Price vs Sale Price:
Average Sale Price as a Percentage of the Asking Price – 102.93%
Median Sale Price as a Percentage of the Asking Price – 104.21%
Average Sale Price as a Percentage of the Original Asking Price – 102.15%