Despite a cooling real estate market, homes in some Portland metro areas are selling more quickly than others, particularly compared with the number of listings available.
Using data from the Regional Multiple Listing Service, we compared the number of residential properties on the market at the beginning of each of the first three quarters of 2019 with the number sold during the previous three months to determine the 15 most in-demand neighborhoods so far this year.
These neighborhoods are in urban and suburban locales.
Visit our Portland metro real estate dashboard for a glimpse into the many neighborhoods that make up Portland’s real estate market.
— Data analyzed by Elliot Njus and Mark Friesen
Google Maps
In the 97008 ZIP code, there were 294 sales in the first three quarters of 2019 and the average inventory is 38 days. Based on the latest data, homes spent an average of 19 days on the market and the median sale price was $420,000.
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In the 97078 ZIP code, there were 226 sales in the first three quarters of 2019 and the average inventory is 34 days. Based on the latest data, homes spent an average of 20 days on the market and the median sale price was $345,000.
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In the 97223 ZIP code, there were 550 sales in the first three quarters of 2019 and the average inventory is 89 days. Based on the latest data, homes spent an average of 24 days on the market and the median sale price was $428,250.
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4. Arnada/Shur/West Minnehaha, Vancouver, Washington
In the 98663 ZIP code, there were 177 sales in the first three quarters of 2019 and the average inventory is 29 days. Based on the latest data, homes spent an average of 26 days on the market and the median sale price was $349,900.
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In the 98684 ZIP code, there were 277 sales in the first three quarters of 2019 and the average inventory is 48 days. Based on the latest data, homes spent an average of 32 days on the market and the median sale price was $325,000.
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In the 97124 ZIP code, there were 464 sales in the first three quarters of 2019 and the average inventory is 82 days. Based on the latest data, homes spent an average of 24 days on the market and the median sale price was $405,000.
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In the 98683 ZIP code, there were 333 sales in the first three quarters of 2019 and the average inventory is 59 days. Based on the latest data, homes spent an average of 32 days on the market, and the median sale price was $379,900.
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In the 98664 ZIP code, there were 253 sales in the first three quarters of 2019 and the average inventory is 46 days. Based on the latest data, homes spent an average of 24 days on the market and the median sale price was $329,900.
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In the 97062 ZIP code, there were 284 sales in the first three quarters of 2019 and the average inventory is 53 days. Based on the latest data, homes spent an average of 28 days on the market and the median sale price was $462,750.
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10. Oak Grove and North Clackamas
In the 97267 ZIP code, there were 321 sales in the first three quarters of 2019 and the average inventory is 60 days. Based on the latest data, homes spent an average of 26 days on the market and the median sale price was $398,500.
Google Maps
In the 97203 ZIP code, there were 408 sales in the first three quarters of 2019 and the average inventory is 77 days. Based on the latest data, homes spent an average of 26 days on the market and the median sale price was $389,000.
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In the 97222 ZIP code, there were 325 sales in the first three quarters of 2019 and the average inventory is 62 days. Based on the latest data, homes spent an average of 23 days on the market and the median sale price was $380,000.
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In the 98665 ZIP code, there were 344 sales in the first three quarters of 2019 and the average inventory is 65 days. Based on the latest data, homes spent an average of 25 days on the market and the median sale price was $329,500.
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14. Five Corners/Vancouver Mall, Vancouver
In the 98662 ZIP code, there were 486 sales in the first three quarters of 2019 and the average inventory is 89 days. Based on the latest data, homes spent an average of 26 days on the market and the median sale price was $335,000.
Google Maps
In the 98660 ZIP code, there were 192 sales in the first three quarters of 2019 and the average inventory is 37 days. Based on the latest data, homes spent an average of 36 days on the market and the median sale price was $327,306.
Elliot Njus/Staff
–Janet Eastman | 503-294-4072
[email protected] | @janeteastman
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