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:
- Gladstone – Median price $374,900
- Milwaukie – Median price $485,000
- Beaverton – Median price $514,900
- Tualatin – Median price $649,950
- Gresham – Median price $486,000
- Tigard – Median price $643,900
- 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!
