Elliot Njus | The Oregonian/OregonLive
Portland’s run of rapidly rising home prices is slowing down — but it’s not stopping.
Of nearly 70 neighborhoods analyzed by The Oregonian/OregonLive using sale data from the Regional Multiple Listing Service, all but 10 saw the median price rise for homes sold in year’s second quarter compared with a year earlier.
The 10 exceptions include neighborhoods that were among the busiest during the Portland metro’s hot streak.
Together, they saw the median price fall just an average of 3 percent.
That doesn’t necessarily mean homes are losing value — the shift could be the result of slower sales at the highest price tier. But it could also be a sign homesellers are losing leverage over buyers.
To read about the 10 places, click here.
