Northeast Portland experienced a depreciation rate in December -5.8% November was -5.2% the 3rd month of relative stability in this market area. Appreciation rates are calculated for a 12 month period and are tabulated by RMLS, our regions multiple listing service. The average sales price for December was $254,500 down from Novembers $276,900. Year to date average sale price was $266,900 and the median sales price came in at $229,000. The average time it took to market a home in NE Portland was 139 days.
ZIP Codes: 97211, 97212, 97213, 97218, 97220, 97230, 97232 Approximate Location Boundaries: NE Portland
Location Characteristics: NE Portland is mostly established neighborhoods with its unique and vintage style homes like craftsman, old Portland, Victorian and English architecture. Many have been restored and revitalized but many more are awaiting their restoration.
About Kevin Begemann:
Hello, I am Kevin Begemann, a real estate professional for Oregon. I have 9 years of experience in real estate. I specialize as a buyers agent for bank owned properties.
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