HOUSING REPORT February 2022
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 February report showcases everything you need to know about the areas important to you.
L I V P O R T L A N D
FEBRUARY 2022 HOUSING REPORT
Average Sale Price
$582,200 7.4% Units Listed
2,571 3.9%
Units Sold
vs Feb 2021
vs Feb 2021
1,939 2%
Days on Market
16.2%
vs Feb 2021
35 vs Feb 2021 *DATA TAKEN FROM RMLS FEBRUARY 2022 DATA
L L II V V P P O O R R T T L L A A N N D D
PAGE 04
New listings (655) in West Portland increased 20.8% from the 542 listed in January 2022, and decreased 6% from the 698 listed in February 2021. Closed sales (491) increased 2% from the 481 closings in January 2022, and decreased 9.7% from the 544 closings in February 2021.
Average Sales Price
Days on Market
Sales by Area
*Past 12 months covers March 2021- February 2022 YOY% Change compares March 2021- February 2022 to March 2020- February 2021 Data taken from RMLS
Price Range
Available Listings
This data shows February active listings for the past 3 years
FEBRUARY 2022 HOUSING REPORT
L L II V V P P O O R R T T L L A A N N D D
PAGE 06
New listings (955) in East Portland increased 18.8% from the 804 listed in January 2022, and increased 13.5% from the 841 listed in February 2021. Closed sales (659) increased 0.8% from the 654 closings in January 2022 and decreased 8.9% from the 723 closings in February 2021.
Average Sales Price
Days on Market
FEBRUARY 2022 HOUSING REPORT
Sales by Area
*Past 12 months covers March 2021- February 2022 YOY% Change compares March 2021- February 2022 to March 2020- February 2021 Data taken from RMLS
Price Range
Available Listings
This data shows February active listings for the past 3 years
L L II V V P P O O R R T T L L A A N N D D
PAGE 08
New listings (75) in South Portland increased 22.9% from the 61 listed in January 2022, and decreased 2.6% from the 77 listed in February 2021. Closed sales (46) decreased 24.6% from the 61 closings in January 2022, and decreased 38.7% from the 75 closings in February 2021.
Average Sales Price
Days on Market
FEBRUARY 2022 HOUSING REPORT
Sales by Area
*Past 12 months covers March 2021- February 2022 YOY% Change compares March 2021- February 2022 to March 2020- February 2021 Data taken from RMLS
Price Range
Available Listings
This data shows February active listings for the past 3 years
L L II V V P P O O R R T T L L A A N N D D
PAGE 10
Average Sales Price
Days on Market
FEBRUARY 2022 HOUSING REPORT
Sales by Area
Bedrooms and Total Square Feet
Price Range
*Past 12 months covers March 2021- February 2022 YOY% Change compares March 2021- February 2022 to March 2020- February 2021 Data taken from RMLS
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