Market Update – Portland, Oregon – September 2018
The Lindley Team – Mortgage Lenders at Mortgage Express – 503.517.8641
Buying a home for the first time can be an overwhelming task, especially since this will most likely be the biggest expense you ever have. Therefore, it is important to be organized and plan appropriately before you begin the home search process. This starts with reviewing past market statistics for the area you want to move to and comparing them to current prices, that way you have a better understanding of where the prices might head in the future.
So, to help you get started, your local Portland mortgage lenders, the Tammi Lindley Team, have listed the most current market update and have compared the median listing price and the median price per square foot over the past three years.
Median Listing Price
Median Price Per Square Foot
With this consistent increase in price per square from June 2015, it is safe to assume that throughout the years, real estate in the Portland area is becoming more valuable. This means that Portland would be an excellent place to invest in a home.
For more details on the local housing market, please contact your Portland mortgage lenders, the Tammi Lindley Team with Mortgage Express at 503-517-8641.