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Below you will find Market Report for Multnomah County, Oregon by City for this Week, just click on the city name you are wanting more information on for a full report on each city. These reports are good for both buyers and sellers! Then if you are looking to buy, just click on the number of the homes or condos for sale and it will take you to a live list of all the active listings available for that city.
Seller’s will find this helpful because this tool will provide a resource for average market times and median prices for the area. Seller’s should consider this information before pricing the home. Also, this report will provide seller’s with a more accurate expectation of average time on the market and help to develop a better marketing strategy according to their specific market.
For buyers these reports provide data for specific areas as to home values and comparable pricing. These reports are helpful in determining sales price VS offering price. Your agent uses reports like these to evaluate cost benefit analysis and to determine reasonable offering price in negotiations. It is helpful to compare property characteristics and determine the current trends.
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Multnomah County is Oregon's largest county by population despite it actually being the smallest county by area. With under 750,000 people in the county according to the 2010 census. Established in 1854 and was named after the Chinook word for the "Lower River" Portland is not only the largest city in Multnomah County, but also in the state by population. If you want more information on Multnomah County and Portland, go to the Portland Historical Museum and I promise you will be almost overwelmed at the amazing history this area has.