April 2021
P O R T L A N D
M E T R O
If you're thinking of buying or selling a home, it's important to know some of the basics of what's going on in the Portland Metro market. Data such as the average sale price number of homes sold and days on market will help prepare you with what to expect. Our March report showcases everything you need to know about the areas important to you.
L I V P O R T L A N D
APRIL 2021 HOUSING REPORT
Average Sale Price
$557,900 16.9% Units Listed
4,065
42.8% Units Sold
vs April 2020
vs April 2020
2,946
46.2% Days on Market
38.9%
vs April 2020
27 vs April 2020 *DATA TAKEN FROM RMLS APRIL 2021 DATA
PAGE 04
New listings (1121) in West Portland increased 24.1% from the 903 listed in March 2021, and increased 37.5% from the 815 listed in April 2020 . Closed sales (827) increased 9.1% from the 758 closings in March 2021, and increased 37.6% from the 601 closings in April 2020.
Average Sales Price
Days on Market
Sales by Area
*Past 12 months covers May 2020- April 2021 YOY% Change compares May 2020- April 2021 to May 2019- April 2020 Data taken from RMLS
Price Range
Available Listings
This data shows April active listings for the past 3 years
APRIL 2021 HOUSING REPORT
PAGE 06
New listings (1,439) in East Portland increased 15.5% from the 1,246 listed in March 2021 and increased 45.9% from the 986 listed in April 2020. Closed sales (1,074) increased 19.4% from the 899 closings in March 2021 and increased 50.2% from the 715 closings in April 2020.
Average Sales Price
Days on Market
Sales by Area
*Past 12 months covers May 2020- April 2021 YOY% Change compares May 2020- April 2021 to May 2019- April 2020 Data taken from RMLS
Price Range
Available Listings
This data shows April active listings for the past 3 years
APRIL 2021 HOUSING REPORT
PAGE 08
New listings (203) in South Portland increased 40% from the 145 listed in March 2021 and increased 59.8% from the 127 listed in April 2020. Closed sales (104) increased 13% from the 92 closings in March 2021, and increased 42.4% from the 73 closings in April 2020.
Average Sales Price
Days on Market
Sales by Area
*Past 12 months covers May 2020- April 2021 YOY% Change compares May 2020- April 2021 to May 2019- April 2020 Data taken from RMLS
Price Range
Available Listings
This data shows April active listings for the past 3 years
APRIL 2021 HOUSING REPORT
PAGE 10
Sellers - Smaller units continue to have difficulty because of the high inventory numbers. Price aggressively. Larger units have seen significant increases in sales and appear to be moving towards a healthier market. Buyers - Values available in all price points. Maximize your leverage with beneficial terms and conditions.
Average Sales Price
Days on Market
Sales by Area
Bedrooms and Total Square Feet
Price Range
*Past 12 months covers May 2020- April 2021 YOY% Change compares May 2020- April 2021 to May 2019- April 2020 Data taken from RMLS
APRIL 2021 HOUSING REPORT
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