It has been awhile since I have shared what the price appreciation has been in each of the Portland metro real estate markets.  Since our latest stats were just published, I felt now would be a good time, especially since not all areas saw appreciation.

Price Appreciation by Portland Metro Real Estate Markets

  • North Portland = 1.2%
  • NE Portland = 1.8%
  • SE Portland = 1.7%
  • Gresham/Troutdale = 5.1%
  • Milwaukie/Clackamas = 3.4%
  • Oregon City/Canby = 4.0%
  • Lake Oswego/West Linn = -0.7%
  • W Portland = -0.7%
  • NW Washington County = -2.5%
  • Beaverton/Aloha = 5.7%
  • Tigard/Wilsonville = 2.2%
  • Hillsboro/Forest Grove = 4.1%
  • Mt. Hood = -4.1%
  • Columbia County = 4.2%
  • Yamhill County = 5.7%

How To Use This Information?

If you are a buyer for any of these areas, and are considering a “super low” offer, just know a seller, who is experiencing good appreciation in their area, may not accept your offer based on the current market conditions.

If you are currently a seller and thinking of putting your home on the market, this information will assist in properly pricing your home.  Likewise, if you currently have your house on the market for sale, keep in mind what direction the prices in your neighborhood are heading.

SELLERS’ MARKET

We are STILL in a sellers’ real estate market and have a long way to go before we even reach a normal market.  With 2.3 months of inventory currently for sale, we are far from the 5-6 months of inventory considered to be a “normal” real estate market, let alone a buyers’ real estate market.  Our lack of inventory is pushing prices higher.

Thinking of Selling Your Lake Oswego Home?

Prices are still increasing in Lake Oswego. Interest rates are low and there is still buyer demand. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

SEARCH FOR REAL ESTATE

There are links above to search for real estate.  Or check out my website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2019. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of Federal copyright laws.