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Hottest 'Hoods: Is now the time to sell?

The median home sale price across 98 Portland metro ZIP codes rose 2 percent to nearly $469,000 in the third quarter this year.
Credit: PBJ

PORTLAND, Ore — Just looking at the numbers, now might seem a good time to sell your house.

The median home sale price across 98 Portland metro ZIP codes rose 2 percent to nearly $469,000 in the third quarter this year, compared to the same period in 2019. Buyers are prowling: The median amount of time a home sat on the market in those neighborhoods was less than a week and a half.

SLIDESHOW: Top performing neighborhoods in the Portland metro area

Still, there are other things to worry about — namely, whether you want to show your house, pack up and move with COVID-19 still lurking. (Virtual tours are one workaround for showings.)

In this edition of Hottest ‘Hoods, the Business Journal releases its Heat Index, showing top-performing neighborhoods in the Portland metro. Twenty neighborhoods on the list sat within Portland proper, including the toastiest one, where 309 homes sold in Q3 for a median price of $425,000.

Just looking at the numbers, now might seem a good time to sell your house. The median home sale price across 98 Portland metro ZIP codes rose 2 percent to nearly $469,000 in the third quarter this year, compared to the same period in 2019.

Click on the link above to see if your ZIP code is among the 50 that performed best in the third quarter of 2020 in three equally weighted factors: homes sold, sale price and days on market. Data was provided by the Regional Multiple Listing Service (RMLS).

ZIP codes in these locales were new additions to the list compared to Q3 2019:

  • Sylvan/Bridlemile
  • Cully
  • Parkrose/Sumner
  • Minnehaha/Fort Vancouver, Wash.
  • Powellhurst-Gilbert/Centennial
  • Gresham
  • Troutdale

The Portland Business Journal is a KGW News partner.