$13,215,000
7.3% cap · 44,380 sq ft RBA · Class B
6811 NW 23rd Ave
Portland, OR 97202
Listed 3 months ago$298/sq ft
Cool market · 4.0 months of supply
Portland, OR
Median $548,000 · +2.7% year over year
Median sale price
$548,000+2.7%
Year over yearMedian rent
$1,810+2.5%
Year over yearPrice per sq ft
$358
Metro medianDays on market
43
Sale-to-list 96.6%36 months
Median sale price
| Period | Median price |
|---|---|
| Aug '23 | $541K |
| Sep '23 | $539K |
| Oct '23 | $531K |
| Nov '23 | $527K |
| Dec '23 | $523K |
| Jan '24 | $521K |
| Feb '24 | $524K |
| Mar '24 | $529K |
| Apr '24 | $530K |
| May '24 | $531K |
| Jun '24 | $530K |
| Jul '24 | $530K |
| Aug '24 | $521K |
| Sep '24 | $515K |
| Oct '24 | $510K |
| Nov '24 | $508K |
| Dec '24 | $504K |
| Jan '25 | $507K |
| Feb '25 | $512K |
| Mar '25 | $515K |
| Apr '25 | $523K |
| May '25 | $530K |
| Jun '25 | $532K |
| Jul '25 | $534K |
| Aug '25 | $533K |
| Sep '25 | $527K |
| Oct '25 | $526K |
| Nov '25 | $523K |
| Dec '25 | $527K |
| Jan '26 | $526K |
| Feb '26 | $531K |
| Mar '26 | $538K |
| Apr '26 | $541K |
| May '26 | $547K |
| Jun '26 | $548K |
| Jul '26 | $548K |
Market balance
Cool
Months of supply
Under 4 months favours sellers; over 6 favours buyers.
| Months of supply | 4 |
|---|---|
| Scale minimum | 0 |
| Scale maximum | 9 |
| Market temperature | Cool |
- 12-mo forecast
- +5.2%
- With price cuts
- 30%
36 months
Median rent
| Period | Median rent |
|---|---|
| Aug '23 | $1,765 |
| Sep '23 | $1,760 |
| Oct '23 | $1,745 |
| Nov '23 | $1,735 |
| Dec '23 | $1,725 |
| Jan '24 | $1,725 |
| Feb '24 | $1,715 |
| Mar '24 | $1,720 |
| Apr '24 | $1,725 |
| May '24 | $1,725 |
| Jun '24 | $1,745 |
| Jul '24 | $1,740 |
| Aug '24 | $1,735 |
| Sep '24 | $1,735 |
| Oct '24 | $1,740 |
| Nov '24 | $1,730 |
| Dec '24 | $1,710 |
| Jan '25 | $1,715 |
| Feb '25 | $1,715 |
| Mar '25 | $1,730 |
| Apr '25 | $1,735 |
| May '25 | $1,740 |
| Jun '25 | $1,755 |
| Jul '25 | $1,765 |
| Aug '25 | $1,780 |
| Sep '25 | $1,780 |
| Oct '25 | $1,765 |
| Nov '25 | $1,770 |
| Dec '25 | $1,770 |
| Jan '26 | $1,770 |
| Feb '26 | $1,770 |
| Mar '26 | $1,775 |
| Apr '26 | $1,775 |
| May '26 | $1,795 |
| Jun '26 | $1,805 |
| Jul '26 | $1,810 |
18 months
Active inventory
| Category | Value |
|---|---|
| Feb '25 | 2,193 |
| Mar '25 | 2,264 |
| Apr '25 | 2,251 |
| May '25 | 2,441 |
| Jun '25 | 2,549 |
| Jul '25 | 2,646 |
| Aug '25 | 2,555 |
| Sep '25 | 2,497 |
| Oct '25 | 2,468 |
| Nov '25 | 2,316 |
| Dec '25 | 2,276 |
| Jan '26 | 2,186 |
| Feb '26 | 2,095 |
| Mar '26 | 2,070 |
| Apr '26 | 2,221 |
| May '26 | 2,273 |
| Jun '26 | 2,412 |
| Jul '26 | 2,567 |
18 months
Days on market
| Category | Value |
|---|---|
| Feb '25 | 67 d |
| Mar '25 | 67 d |
| Apr '25 | 60 d |
| May '25 | 52 d |
| Jun '25 | 50 d |
| Jul '25 | 47 d |
| Aug '25 | 41 d |
| Sep '25 | 45 d |
| Oct '25 | 46 d |
| Nov '25 | 55 d |
| Dec '25 | 56 d |
| Jan '26 | 64 d |
| Feb '26 | 65 d |
| Mar '26 | 60 d |
| Apr '26 | 57 d |
| May '26 | 55 d |
| Jun '26 | 47 d |
| Jul '26 | 43 d |
Active inventory
2,567
New listings
4
This monthPending sales
711
Closed sales
639
Affordability
47/100
Higher is more affordableOn the market now
Listings in Portland
Open Sun
$1,140,000
3 bd · 2.5 ba · 2,020 sq ft
6664 E Burnside St
Portland, OR 97203
Listed 4 weeks ago$564/sq ft
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6395 N Mississippi Ave
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PendingPrice cut −5%
$10,105,000
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Open Sat
$18,550,000
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Listed 6 weeks ago$183/sq ft
Coming Soon
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Listed 2 days ago$500/sq ft
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