Current Portland Real Estate Market Information May 13, 2015

Portland’s Hottest Neighborhoods!










Portland's 25 hottest neighborhoods: Where homes are selling fastest (Q1 2015)       *hint…. Piedmont/Concordia wins!                        


May 12, 2015, 10:40am PDT Updated: May 13, 2015, 2:48pm PDT



The 97027 ZIP code, which encompasses most of the city of Gladstone, ranked as the 25th fastest-selling Portland-area ZIP code in 2015's first quarter. Click through to see where other suburbs and city neighborhoods placed in terms of home sale speed.




Click through the gallery to count down Portland's 25 fastest-selling neighborhoods

View Photos




Speed was, again, the name of the game in Portland's bustling residential real estate market in the first quarter.

The average number of days that Portland-area homes spent on the market dropped 15 percent from the same period in 2014. It took the 5,734 homes that sold in Q1 an average of 78 days before changing hands, a large drop from the 92 days it took in Q1 2014.

Thirteen of the 25 ZIP codes that saw homes sell the fastest fall inside Portland's city borders, while 12 live inside nearby suburbs.

The 25 fastest-selling ZIPs accounted for 39 percent of all home sales that took place in Portland in the first quarter.

We also counted down the neighborhoods that saw the most sales in Q1 and the neighborhoods with the highest average home sale price.

Click through the gallery above to see where your neighborhood/ZIP code ranks.

Data for the report is provided by Regional Multiple Listing Service, a company that home sellers use to register properties up for sale.

Editor's note: To ensure quality of this ranking, we only included ZIP codes that had at least 30 home sales in Q1 2015.




















  Interactive Editor- Portland Business Journal
Email  |  Twitter  |  Google+


Click here for the full article.



Cary Perkins,
Windermere Top Producer
Fun With Real Estate
Current Portland Oregon Real Estate Information,
Highlights of Portland Oregon, House Ideas
Portland Oregon Homes

by Cary Perkins

Portland Real Estate, Portland Oregon Top Producer, Windermere Top Producer, Portland Realtor, Portland Homes for Sale


Windermere Top Producer Cary Perkins