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Monday, June 18, 2007

Current Real Estate Prices In Portland

It doesn’t seem like that long ago you could buy a house in North Portland, that wasn’t a fixer, for $150,000 easy.

But as I state the obvious, real estate in Portland has really appreciated over the last few years. Today, the median sales price of a home in North Portland is just under $250,000 and that’s the least expensive area around.

Here are the average and median sales prices, year-to-date in 2007, for homes in Portland and the suburbs:

Average - Median = Area

$550,400 - $462,500 = Lake Oswego, West Linn
$464,100 - $377,000 = West Portland
$399,600 - $369,000 = Northwest Washington County
$375,600 - $335,000 = Tigard, Tualatin, Sherwood, Wilsonville
$345,000 - $307,700 = Milwaukie, Clackamas, Happy Valley, Damascus
$320,300 - $299,900 = Oregon City, Canby
$312,900 - $274,500 = Northeast Portland
$298,100 - $270,000 = Hillsboro, Forest Grove
$285,200 - $260,000 = Beaverton, Aloha
$282,400 - $260,000 = Gresham, Troutdale
$281,700 - $248,000 = Southeast Portland
$264,000 - $248,500 = North Portland
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