Recent Portland Home Sales: May 24th-30th
Approximately 200 homes sold in Portland (city limits) over the last calender week, roughly in line with the previous week. In relative terms both Southeast and Northeast Portland recorded the largest share of sales, with 5% of the current inventory for these areas changing hands over the past week. Nineteen homes sold in North Portland and ownership was transferred for about 65 homes in West Portland/Raleigh Hills.
More than 80 homes sold in the 200-300k segment, an additional 60 homes sold for less than 200k. Both numbers suggest that first-time home-buyers continue to account for the bulk of home sales in Portland. Less than 7% of all the homes that sold over the last week within Portland’s city limits went for 500k or more.
Here are the details for selected Portland home sales over the last week:
- Bank-owned, 3-bed/2-bath at 9124 NE GLISAN ST sold for $90,000. This fixer near Multnomah College had originally been priced at 132k. Click here for details.
- Laurelhurst 2615 SQFt home at 3052 NE PACIFIC ST sold for $360,000. This 3-bedroom home was on the market for less than 2 weeks before selling at a 5k discount over asking price. Click here for details.
- After 50 days on the market, 1923 N WATTS ST sold for 265k. This is a four bedroom home near Kenton Park. Click here for details.
- Unit 606 at the Marshall Wells Lofts sold for $339/SQFT or $372,000. On the market for less than a week, this Pearl District condo sold at full price. Click here for details.
- The deal closed at 9936 NW SKYVIEW DR for $58,000 less than asking price. This 4-bed/4-bath Skyline home sold for 785k after having been on and off the market for more than 2 years. Click here for details.
