$10,000 Closing Credit*
$1,300,000
3,862 SqFt
4 Beds
•3 Full Baths
Kenneth Cahill, Kimberly Guzman, Listing Office: John L. Scott Portland Metro
Is 97019, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 97019 has remained a Seller's Market.
Key Takeaway
97019 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97019, OR
How much do homes in 97019, OR cost?
Median Sold Price
$750,000
$316/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$350,000(-31.8%)
Key Takeaway
Homes in 97019 have sold for 31.8% less than they did a month ago.
Summary: The median home sold price in 97019 was $750,000 in October 2024, down 31.8% from last month, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $930K | - | N/A |
| 3 Bedrooms | $1.1M | $662.1K | -39.8% |
| 4 Bedrooms | - | $935K | N/A |
| 5+ Bedrooms | $1.9M | - | N/A |
Summary: 97019 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 39.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 97019, OR
How many homes are available in 97019, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 97019 real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 97019 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97019, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 97019 in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 97019, OR
How long does it take to sell a home in 97019, OR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 178 Days | +1086.7% |
Summary: Homes in 97019 had an average of 178 days on market in Oct 2024, up by 1086.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 97019 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 97019; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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