Beacon Traverse | a Rocky Butte Residence

Single-Family Homes Portland, OR 97220

Your Local Market Report

This week the median list price for Portland, OR 97220 is $505,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 46. Market Action Index This answers “How’s the Market?” by comparing rate of sales versus inventory.

Real-Time Market Profile

Median List Price

$505,000 $552,500

Median Price of New Listings

Per Square Foot Average Days on Market Median Days on Market Price Decreased

$304

88

50

Buyer's Market

Seller's Market

53

50%

Price Increased

2% 9%

42 Slight Seller's Advantage

Relisted

Inventory

46

Market Narrative In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Median Rent

$2,195

42

Market Action

Slight Seller's Advantage

Market Segments Each segment below represents approximately 25% of the market ordered by price.

Median Price

Sq. Ft.

Lot Size

Beds Bath Age New Absorbed DOM

$684,450

2,825 6,500 - 8,000 sqft

4

2.5 74 4

2

24

$525,000

2,064 6,500 - 8,000 sqft

4

2

75 1

0

56

$477,000

1,409 4,500 - 6,500 sqft

3

2

72 2

2

38

$374,900

883

4,500 - 6,500 sqft

2

1

75 1

1

84

Tue Aug 05 2025 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2025 Altos Research, Inc.

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