It’s a Buyers Market in the Portland Metro Housing Market for LUXURY HOMES

Condos for Sale in Portland

It’s a Buyers Market in Portland Metro Real Estate LUXURY HOMES

To begin, the Portland Metro real estate market is not a Buyers Market currently. It hasn’t been a really strong Buyers Market since January 2012, when it started to tip.

The inventory levels to the right show the drop off happening early part of 2012, and inventory levels, overall, have remained low consistently sine.  However, we are starting to see a slight increase in inventory levels.

What is Absorption Rate?

An Absorption Rate is the rate at which homes are being sold. It’s the number of ACTIVE Listings in a month divided by the number of CLOSED SALES in the month. The difference is “absorption rate” or, as the RMLS defines in: the Months of Inventory.

Related Article: North Portland Market Report

Buyers Market = 6+ months of inventory

Sellers Market = <5 months of inventory

Stable Market = 5-6 months of inventory

In the majority of Portland Metro real estate market areas it has been a Sellers Market steadily since March 2012. Currently, there is 3.6 months of inventory in the Portland Metro real estate market, and that’s according the RMLS Market Activiety which just came out today.

But, there is one market that is a BUYERS MARKET in the Portland Metro area and that is . . .

The Luxury Homes For Sales in Portland Metro

I’m going to use $750,000 as the price point and go from there.

Lake Oswego Luxury Homes for Sale = 8.1 Months of Inventory

  1. 4 beds, 4 full, 1 part baths
    Home size: 4,585 sq ft
    Lot size: 1.78 ac
    Year built: 1942
    Parking spots: 2
    Broker reciprocity icon
  2. 4 beds, 3 full, 2 part baths
    Home size: 5,036 sq ft
    Lot size: 10,454 sqft
    Year built: 2006
    Parking spots: 3
    Broker reciprocity icon
  3. 4 beds, 3 full, 1 part baths
    Home size: 4,526 sq ft
    Lot size: 29,620 sqft
    Year built: 2015
    Parking spots: 2
    Broker reciprocity icon
  4. 4 beds, 3 full baths
    Home size: 2,674 sq ft
    Lot size: 11,761 sqft
    Year built: 1964
    Broker reciprocity icon
  5. 5 beds, 3 full, 1 part baths
    Home size: 4,357 sq ft
    Lot size: 6,098 sqft
    Year built: 2010
    Parking spots: 2
    Broker reciprocity icon
  6. 4 beds, 3 full baths
    Home size: 2,970 sq ft
    Lot size: 7,840 sqft
    Year built: 1941
    Parking spots: 1
    Walk Score®: 87
    Broker reciprocity icon
  7. 4 beds, 4 full, 1 part baths
    Home size: 5,446 sq ft
    Lot size: 16,988 sqft
    Year built: 2007
    Parking spots: 3
    Broker reciprocity icon
  8. 4 beds, 2 full, 1 part baths
    Home size: 2,969 sq ft
    Lot size: 17,424 sqft
    Year built: 2011
    Parking spots: 3
    Broker reciprocity icon
  9. 5 beds, 4 full, 2 part baths
    Home size: 7,028 sq ft
    Lot size: 1.20 ac
    Year built: 2001
    Parking spots: 3
    Broker reciprocity icon
  10. 4 beds, 3 full, 1 part baths
    Home size: 3,633 sq ft
    Lot size: 12,632 sqft
    Year built: 2011
    Parking spots: 3
    Broker reciprocity icon
  11. 4 beds, 3 full, 1 part baths
    Home size: 2,873 sq ft
    Lot size: 7,405 sqft
    Year built: 1956
    Parking spots: 2
    Broker reciprocity icon
  12. 5 beds, 3 full, 2 part baths
    Home size: 5,144 sq ft
    Lot size: 23,958 sqft
    Year built: 1967
    Broker reciprocity icon
  13. 6 beds, 4 full, 1 part baths
    Home size: 6,000 sq ft
    Lot size: 42,688 sqft
    Year built: 2005
    Parking spots: 3
    Broker reciprocity icon
  14. 4 beds, 3 full, 1 part baths
    Home size: 4,427 sq ft
    Lot size: 16,117 sqft
    Year built: 2001
    Parking spots: 4
    Walk Score®: 14
    Broker reciprocity icon
  15. 4 beds, 3 full baths
    Home size: 4,387 sq ft
    Lot size: 12,196 sqft
    Year built: 1948
    Parking spots: 1
    Broker reciprocity icon
  16. 4 beds, 2 full, 1 part baths
    Home size: 3,032 sq ft
    Lot size: 7,840 sqft
    Year built: 1992
    Parking spots: 3
    Broker reciprocity icon
  17. 4 beds, 2 full, 1 part baths
    Home size: 3,258 sq ft
    Lot size: 13,939 sqft
    Year built: 1997
    Parking spots: 3
    Broker reciprocity icon
  18. 5 beds, 3 full, 1 part baths
    Home size: 3,802 sq ft
    Lot size: 10,018 sqft
    Year built: 1991
    Parking spots: 2
    Broker reciprocity icon
  19. 5 beds, 3 full, 1 part baths
    Home size: 4,327 sq ft
    Lot size: 7,840 sqft
    Year built: 1998
    Parking spots: 3
    Broker reciprocity icon
  20. 4 beds, 3 full, 2 part baths
    Home size: 2,577 sq ft
    Lot size: 14,810 sqft
    Year built: 1956
    Parking spots: 2
    Broker reciprocity icon
  21. 3 beds, 2 full, 2 part baths
    Home size: 4,150 sq ft
    Lot size: 5,662 sqft
    Year built: 1998
    Parking spots: 1
    Walk Score®: 54
    Broker reciprocity icon
  22. 5 beds, 3 full, 1 part baths
    Home size: 4,000 sq ft
    Lot size: 6,098 sqft
    Year built: 2006
    Broker reciprocity icon
  23. 8 beds, 8 full, 5 part baths
    Home size: 11,956 sq ft
    Lot size: 1.60 ac
    Year built: 1995
    Parking spots: 8
    Broker reciprocity icon
  24. 5 beds, 3 full, 1 part baths
    Home size: 3,534 sq ft
    Lot size: 6,098 sqft
    Year built: 1904
    Parking spots: 1
    Broker reciprocity icon
  25. 4 beds, 3 full baths
    Home size: 2,830 sq ft
    Lot size: 15,681 sqft
    Year built: 1955
    Broker reciprocity icon

See all Real estate in the city of Lake Oswego.
(all data current as of 7/30/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Dunthrope Luxury Homes for Sale =10 Months on Inventory

  1. 3 beds, 3 full, 1 part baths
    Home size: 3,725 sq ft
    Lot size: 33,541 sqft
    Year built: 1986
    Parking spots: 3
    Broker reciprocity icon
  2. 6 beds, 6 full, 2 part baths
    Home size: 8,698 sq ft
    Lot size: 42,253 sqft
    Year built: 2007
    Parking spots: 3
    Broker reciprocity icon
  3. 3 beds, 3 full, 1 part baths
    Home size: 7,249 sq ft
    Lot size: 30,927 sqft
    Year built: 1991
    Parking spots: 2
    Broker reciprocity icon
  4. 3 beds, 3 full, 1 part baths
    Home size: 5,550 sq ft
    Lot size: 31,798 sqft
    Year built: 1929
    Parking spots: 3
    Broker reciprocity icon
  5. 4 beds, 3 full, 1 part baths
    Home size: 4,732 sq ft
    Lot size: 14,374 sqft
    Year built: 2005
    Parking spots: 3
    Walk Score®: 26
    Broker reciprocity icon
  6. 4 beds, 3 full, 2 part baths
    Home size: 4,930 sq ft
    Lot size: 41,382 sqft
    Year built: 1989
    Parking spots: 3
    Broker reciprocity icon
  7. 4 beds, 6 full, 1 part baths
    Home size: 7,093 sq ft
    Lot size: 43,560 sqft
    Year built: 2013
    Parking spots: 6
    Broker reciprocity icon
  8. 5 beds, 4 full, 2 part baths
    Home size: 8,001 sq ft
    Lot size: 33,105 sqft
    Year built: 2007
    Parking spots: 3
    Broker reciprocity icon
  9. 5 beds, 4 full, 2 part baths
    Home size: 6,954 sq ft
    Lot size: 1.28 ac
    Year built: 2000
    Parking spots: 3
    Walk Score®: 38
    Broker reciprocity icon
  10. 6 beds, 3 full, 2 part baths
    Home size: 5,192 sq ft
    Lot size: 1.59 ac
    Year built: 1941
    Parking spots: 2
    Broker reciprocity icon
  11. 4 beds, 4 full, 1 part baths
    Home size: 5,276 sq ft
    Lot size: 22,215 sqft
    Year built: 2004
    Parking spots: 4
    Broker reciprocity icon
  12. 5 beds, 3 full, 1 part baths
    Home size: 4,376 sq ft
    Lot size: 30,056 sqft
    Year built: 1978
    Parking spots: 3
    Broker reciprocity icon
  13. 4 beds, 4 full, 1 part baths
    Home size: 3,881 sq ft
    Lot size: 32,234 sqft
    Year built: 1898
    Parking spots: 2
    Walk Score®: 37
    Broker reciprocity icon
  14. 5 beds, 6 full, 2 part baths
    Home size: 8,204 sq ft
    Lot size: 2.17 ac
    Year built: 1979
    Parking spots: 3
    Broker reciprocity icon
  15. 5 beds, 4 full, 2 part baths
    Home size: 5,104 sq ft
    Lot size: 21,344 sqft
    Year built: 1925
    Parking spots: 2
    Walk Score®: 49
    Broker reciprocity icon

See all Real estate in the Dunthorpe tract.
(all data current as of 7/30/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

West Linn Luxury Homes for Sale = 8.4 Months of Inventory

  1. 4 beds, 3 full, 1 part baths
    Home size: 4,598 sq ft
    Lot size: 12,632 sqft
    Year built: 1993
    Parking spots: 3
    Broker reciprocity icon
  2. 5 beds, 4 full, 1 part baths
    Home size: 4,522 sq ft
    Lot size: 11,325 sqft
    Year built: 2007
    Parking spots: 5
    Walk Score®: 34
    Broker reciprocity icon
  3. 4 beds, 3 full baths
    Home size: 3,278 sq ft
    Lot size: 10,018 sqft
    Year built: 2013
    Parking spots: 3
    Broker reciprocity icon
  4. 4 beds, 3 full, 2 part baths
    Home size: 4,183 sq ft
    Lot size: 40,946 sqft
    Year built: 1988
    Parking spots: 3
    Walk Score®: 0
    Broker reciprocity icon
  5. 4 beds, 4 full, 2 part baths
    Home size: 5,075 sq ft
    Lot size: 20.00 ac
    Year built: 2009
    Parking spots: 6
    Broker reciprocity icon
  6. 5 beds, 4 full, 1 part baths
    Home size: 5,852 sq ft
    Lot size: 4.61 ac
    Year built: 1996
    Parking spots: 4
    Broker reciprocity icon
  7. 4 beds, 2 full, 1 part baths
    Home size: 3,037 sq ft
    Lot size: 1.71 ac
    Year built: 1992
    Parking spots: 2
    Broker reciprocity icon
  8. 5 beds, 4 full, 1 part baths
    Home size: 5,321 sq ft
    Lot size: 38,768 sqft
    Year built: 1995
    Parking spots: 4
    Walk Score®: 9
    Broker reciprocity icon
  9. 5 beds, 4 full, 1 part baths
    Home size: 3,972 sq ft
    Lot size: 35,719 sqft
    Year built: 1995
    Parking spots: 3
    Broker reciprocity icon
  10. 4 beds, 3 full baths
    Home size: 3,298 sq ft
    Lot size: 12,196 sqft
    Year built: 1967
    Parking spots: 2
    Broker reciprocity icon
  11. 4 beds, 5 full, 1 part baths
    Home size: 5,797 sq ft
    Lot size: 3.75 ac
    Year built: 2004
    Parking spots: 3
    Broker reciprocity icon
  12. 3 beds, 3 full, 2 part baths
    Home size: 5,459 sq ft
    Lot size: 20,473 sqft
    Year built: 1987
    Parking spots: 3
    Walk Score®: 20
    Broker reciprocity icon
  13. 5 beds, 4 full baths
    Home size: 3,160 sq ft
    Lot size: 1.32 ac
    Year built: 1970
    Parking spots: 2
    Walk Score®: 2
    Broker reciprocity icon
  14. 3 beds, 4 full, 2 part baths
    Home size: 6,361 sq ft
    Lot size: 34,848 sqft
    Year built: 1995
    Parking spots: 3
    Broker reciprocity icon
  15. 4 beds, 3 full, 1 part baths
    Home size: 5,274 sq ft
    Lot size: 5.03 ac
    Year built: 1988
    Parking spots: 3
    Broker reciprocity icon

See all Real estate in the city of West Linn.
(all data current as of 7/30/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Portland Luxury Homes for Sale = 9.0 Months of Inventory

  1. 4 beds, 3 full, 1 part baths
    Home size: 3,982 sq ft
    Lot size: 8,276 sqft
    Year built: 1999
    Parking spots: 2
    Broker reciprocity icon
  2. 5 beds, 2 full, 1 part baths
    Home size: 4,888 sq ft
    Lot size: 4,791 sqft
    Year built: 1912
    Parking spots: 1
    Broker reciprocity icon
  3. 5 beds, 3 full baths
    Home size: 3,933 sq ft
    Lot size: 7,405 sqft
    Year built: 1908
    Parking spots: 1
    Broker reciprocity icon
  4. 5 beds, 3 full baths
    Home size: 3,708 sq ft
    Lot size: 10,890 sqft
    Year built: 1928
    Broker reciprocity icon
  5. 5 beds, 4 full, 1 part baths
    Home size: 5,046 sq ft
    Lot size: 10,890 sqft
    Year built: 2002
    Parking spots: 3
    Walk Score®: 23
    Broker reciprocity icon
  6. 3 beds, 3 full, 1 part baths
    Home size: 3,651 sq ft
    Lot size: 13,503 sqft
    Year built: 1965
    Parking spots: 2
    Broker reciprocity icon
  7. 5 beds, 3 full, 1 part baths
    Home size: 4,375 sq ft
    Lot size: 19,602 sqft
    Year built: 1989
    Parking spots: 3
    Walk Score®: 13
    Broker reciprocity icon
  8. 5 beds, 4 full baths
    Home size: 4,033 sq ft
    Lot size: 6,534 sqft
    Year built: 2015
    Parking spots: 2
    Broker reciprocity icon
  9. 4 beds, 2 full, 1 part baths
    Home size: 3,113 sq ft
    Lot size: 7,840 sqft
    Year built: 1951
    Parking spots: 2
    Broker reciprocity icon
  10. 6 beds, 4 full baths
    Home size: 4,272 sq ft
    Lot size: 6,534 sqft
    Year built: 2015
    Parking spots: 3
    Broker reciprocity icon
  11. 4 beds, 3 full baths
    Home size: 3,700 sq ft
    Lot size: 3,920 sqft
    Year built: 1904
    Broker reciprocity icon
  12. 4 beds, 3 full, 1 part baths
    Home size: 4,297 sq ft
    Lot size: 8,276 sqft
    Year built: 1997
    Parking spots: 3
    Broker reciprocity icon
  13. 4 beds, 2 full, 1 part baths
    Home size: 3,397 sq ft
    Lot size: 15,246 sqft
    Year built: 1991
    Parking spots: 3
    Broker reciprocity icon
  14. 5 beds, 3 full, 1 part baths
    Home size: 4,124 sq ft
    Lot size: 18,730 sqft
    Year built: 1984
    Parking spots: 3
    Walk Score®: 35
    Broker reciprocity icon
  15. 4 beds, 3 full baths
    Home size: 3,120 sq ft
    Lot size: 4,791 sqft
    Year built: 1953
    Parking spots: 2
    Walk Score®: 37
    Broker reciprocity icon

See all Real estate in the city of Portland.
(all data current as of 7/30/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Luxury Condos for Sale in Portland = 9.2 Months of Inventory

  1. 1 bed, 1 full bath
    Home size: 1,074 sq ft
    Year built: 2003
    Parking spots: 1
    Walk Score®: 89
    Broker reciprocity icon
  2. 2 beds, 2 full baths
    Home size: 1,692 sq ft
    Year built: 1981
    Parking spots: 2
    Broker reciprocity icon
  3. 2 beds, 2 full baths
    Home size: 1,999 sq ft
    Year built: 1985
    Parking spots: 1
    Broker reciprocity icon
  4. 2 beds, 2 full, 1 part baths
    Home size: 1,660 sq ft
    Year built: 1975
    Parking spots: 1
    Broker reciprocity icon
  5. 2 beds, 2 full baths
    Home size: 1,497 sq ft
    Year built: 2006
    Parking spots: 1
    Broker reciprocity icon
  6. 2 beds, 2 full baths
    Home size: 1,465 sq ft
    Year built: 2007
    Parking spots: 2
    Walk Score®: 86
    Broker reciprocity icon
  7. 2 beds, 2 full, 1 part baths
    Home size: 1,909 sq ft
    Year built: 2006
    Parking spots: 3
    Walk Score®: 88
    Broker reciprocity icon
  8. 2 beds, 2 full baths
    Home size: 1,465 sq ft
    Year built: 2007
    Parking spots: 2
    Walk Score®: 86
    Broker reciprocity icon
  9. 3 beds, 4 full baths
    Home size: 2,642 sq ft
    Year built: 2000
    Parking spots: 2
    Broker reciprocity icon
  10. 3 beds, 2 full baths
    Home size: 1,950 sq ft
    Year built: 1973
    Parking spots: 1
    Broker reciprocity icon
  11. 2 beds, 3 full baths
    Home size: 2,331 sq ft
    Year built: 2007
    Parking spots: 2
    Broker reciprocity icon
  12. 1 bed, 2 full baths
    Home size: 1,510 sq ft
    Year built: 2004
    Parking spots: 1
    Broker reciprocity icon
  13. 1 bed, 1 full bath
    Home size: 1,018 sq ft
    Year built: 2003
    Parking spots: 1
    Broker reciprocity icon
  14. 1 bed, 1 full, 1 part baths
    Home size: 1,170 sq ft
    Year built: 2001
    Parking spots: 1
    Broker reciprocity icon
  15. 1 bed, 1 full bath
    Home size: 1,033 sq ft
    Year built: 2006
    Parking spots: 1
    Broker reciprocity icon

See all Real estate in the city of Portland.
(all data current as of 7/30/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buyers Agent Portland – Buyer Focused ~~ Buyer Results

Buyers Agent Portland, LLC is an Exclusive Buyer Agency serving the Portland Metro real estate market since 1999.  The brokerage only represents Home Buyers and never home sellers. If you’re looking for a home anywhere in the Portland Metro area, there is no better representation than an Exclusive Buyers Agent.  We assist investors, folks relocating to Portland area, those moving to Portland in-state, home buyers who are looking to down-size or move-up and of course . . . love working with first-time buyers.  I help Buyers in the Portland Metro market find exactly what they need in the Tri-County markets of Clackamas County, Multnomah County and Washington County, as well Portland cities including but not limited to:

When you’re ready, talk to an Exclusive Buyers Agent.

Exclusive Buyers Agents do not work at real estate brokerages that take listings!

An EBA’s fiduciary duty is: 100% BUYER REPRESENTATION . . . 100% of the Time.

Carla Muss-Jacobs, ABR, CEBA, e-PRO, Realtor
Principal Broker/Owner

Buyers Agent Portland LLC

Office: 503.524.2560
Direct: 503.810.7192

Buyers Agent Portland ~~ 100% BUYER REPRESENTATION . . . 100% of the Time

All rights reserved©

Trackbacks

Speak Your Mind

*