Blog Stories The Burbs are Poppin' - Where the Growth is Happening

The Burbs are Poppin’ – Where the Growth is Happening

By Living Room Realty, November 20, 2020

Hi Readers!

Hard to believe the holidays are upon us. What a year. If you’ve followed along on my  journey you’ve heard me say 2020 is truly unlike any other across the board, and that includes real estate. My colleagues and I have been consistently busy — interest rates are so low it’s still a great time to buy. The catch is, many of the buyers out there can’t find a house to purchase in close-in Portland, with rising prices and decreased inventory. Or, they are ready to get out of Dodge and find a place with room to grow. The idea of acreage, goats, a farm… dreamy, right? Or maybe that’s just me.

At any rate, the numbers are showing a substantial spike in growth in sales outside the Portland metro. FWIW, Portland’s median sales price right now is $651,750.

The hottest suburban Markets, based on Altos’ Market Action Report:

  1. Gladstone – Median price $374,900
  2. Milwaukie – Median price $485,000
  3. Beaverton – Median price $514,900
  4. Tualatin – Median price $649,950
  5. Gresham – Median price $486,000
  6. Tigard – Median price $643,900
  7. Troutdale – Median price $419,000

Want to learn more about these areas? Take a spin through this handy resource. Want to start the search in these neighborhoods? Give me a call. 503 388 2788

Till then, high fives!

 

Living Room Realty

...
Read More
  • T: 503-719-5588
  • welcome@livingroomre.com

You might also enjoy

4 Must-Ask HOA Questions Before Buying a Home

Will Sing

Thinking about buying a home in a community with a Homeowners Association (HOA)? HOAs can provide...

Just Listed! Period Details, Perfect Location

Mel Marzahl

280 NE 60th Ave. #22 Portland, Oregon, 97213 Welcome to The View Condos—tucked into the heart...

Just Listed! Classic Charm Meets Modern Updates in the Heart of Overlook!

Jenson Sarr

1615 N. Webster St. Portland, Oregon, 97217 This home blends the beauty of original features—like hardwood...

When Waters Rise, So Should We: A Closing Day Reflection

Zoë Spring

When Waters Rise, So Should We: A Closing Day Reflection— by Zoë Spring Tomorrow, I’ll place...