08/09/2023
Current Market Action Index (MAI) Updates PDX Metro
Beaverton, OR
Wed Aug 09 2023
This week the median list price for Beaverton, OR is $650,000 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has held steady at or around 191.
Hillsboro, OR 97124
Wed Aug 09 2023
This week the median list price for Hillsboro, OR 97124 is $669,900 with the market action index hovering around 61. This is less than last month's market action index of 67. Inventory has increased to 51.
Lake Oswego, OR 97034
Wed Aug 09 2023
This week the median list price for Lake Oswego, OR 97034 is $1,995,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 91.
Milwaukie, OR
Wed Aug 09 2023
This week the median list price for Milwaukie, OR is $594,050 with the market action index hovering around 67. This is less than last month's market action index of 72. Inventory has increased to 76.
Portland, OR
Wed Aug 09 2023
This week the median list price for Portland, OR is $675,000 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has increased to 1,251.
Sherwood, OR
Wed Aug 09 2023
This week the median list price for Sherwood, OR is $865,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 57.
Tigard, OR
Wed Aug 09 2023
This week the median list price for Tigard, OR is $769,909 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has increased to 95.
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Please let me know if you have any questions and/or if you would like to investigate purchasing or selling a home.