The RMLS just released the June market numbers for Portland. There is no trend for median sale prices across Portland, they were up or down depending on the area. Here's the breakdown, last May vs. June.
North Portland- May $229,900-June $229,900, up $900
NE Portland- May $255,000-June $258,000, up $3,000
SE Portland- May $219,000- June $237,500, up $18,500
West Portland- May $367,500- June $350,800, down $16,700
Lake Oswego/West Linn- May $350,000- June $398,000, up $48,000
Milwaukie/Gladstone/Boring/Clackamas/Estacada- May $265,000- June $249,500, down $15,500
West Linn and Lake Oswego had the greatest gain in median sale price, up almost 14%. Only two areas were down in median price, and they were only down by around $16,000.
In general, good news for Portland real estate!
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