Key takeaways for the month
In Portland, Hillsboro, and Beaverton, we see similar trends with much more competition for single family homes than in a typical year even as seasonality sets in.
- Median sale prices for single family homes fell month over month, as expected at this time of year, but remained high year over year.
- Reflecting the competitive market, sale-to-list price ratio increased and stayed above the year-over-year trend for all property types except condos in Hillsboro and Beaverton.
- The number of homes listed in November fell despite an active market, showing that the region isn’t in danger of over-selling.
Competition
Our Research Team looked into sales in a select area for a snapshot of competitiveness in the local market.
Sale Price
Based on date the property sold.
List Price
Based on date the property was listed.
Sale Price Compared to List Price
Based on date the property sold.
Days on Market
Based on the number of days between the list date and the date the property went pending, except when sold date is earlier than pending (then based on date sold).
Number of Properties Listed
Based on date the property was listed.
Number of Properties Pending Sale
Based on the date the property went pending, except when sold date is earlier than pending (then based on date sold).
Number of Properties Sold
Based on date the property sold.
Portland data includes the city of Portland.
Hillsboro & Beaverton data includes the cities of Hillsboro and Beaverton.
Thinking about buying a home?
