Certified Realty

Oregon's Choice Since 1950

  • Home
  • Property Search
    • Basic Property Search
    • Advanced Property Search
  • Buying/Selling
    • For Buyers
    • For Sellers
    • My Home’s Value
    • Double MLS
  • About
    • Meet The Owners
    • The Certified Story
    • Testimonial
  • Articles
  • Contact

Portland & Salem Home Prices Up

August 14, 2013 By Roy Widing

New figures suggest Portland and Salem home prices continue to rise. With unemployment still not that good, driving this phenomenon in Portland is a low 2.8 month housing supply.

July 2013 Portland Home Inventory
Portland Home Inventory

And while greater Salem has more than twice that housing backlog at 6.2 months of supply, Salem is still seeing a healthy 11.3% average home price increase in the past year.

Portland metro areas in special demand are SE Portland, seeing a 14.7% annual price increase, plus around Mt. Hood, with an 18.3% jump.

Southeast Salem is red hot with a 22.6% appreciation over the past twelve months, and greater Polk County isn’t far behind with a 22.4% spike.

For a full update, view the full greater Portland area housing report here and check out the entire Salem metro area housing report here. Plus, get details on how your property is faring by contacting the experts at Certified Realty today at 503-682-1083.

Oregon Real Estate

Filed Under: Real Estate

  • Facebook
  • Google+
  • RSS
  • Twitter
  • YouTube
« A Tale of Two Coffees
Portland Area Home Prices Still Up »
Certified Realty Company

(503) 682-1083

info@CertifiedRealty.com

Recent Articles

  • Oregon Real Estate Update
  • Interest Rates Up? Consider Owner Financing!
  • Oregon’s Land Use Tug Of War
  • Oregon’s Real Estate Sky Isn’t Falling Yet
  • Have Oregon Homesellers Missed The Mark(et)?

Certified Realty on Twitter

  • Just Listed! #homesite #oregon #willamettevalley #horseproperty #realestate https://t.co/wM50tNMMLO January 26, 2023 6:49 pm
  • Inside Portland’s housing market and the outlook for 2023 via podcast https://t.co/ctSQX8yunl https://t.co/vzd72p3Iis January 24, 2023 4:07 pm
  • Low interest rates trigger leap in mortgage applications https://t.co/xiAPrCI4iJ January 19, 2023 3:36 pm
  • https://t.co/CWyICTq3J0 January 18, 2023 10:58 pm
  • Merry Christmas! https://t.co/GjAvBeWUEV December 25, 2022 4:51 am
  • https://t.co/xdWeJX63YB December 22, 2022 4:46 am
  • Think mortgage rates are high? Check out how today's mortgage interest rates compare historically. (Hint-even now,… https://t.co/taZM1Y6NMX December 5, 2022 8:03 pm
  • See how home prices have gone up and down in Oregon’s top 10 counties in a year https://t.co/GozpSJVkyw https://t.co/aJd4RvNMLr October 31, 2022 2:08 am
  • @CertifiedRealty

© 2023 Certified Realty Company. All rights reserved.