MyMarketPulse (mymarketpulse.com) just released its analysis of the August 2024 market data for Multnomah County, Oregon.

The Median Sale Price for properties in Multnomah County was documented at $550,000 for August 2024. This price point is an upward move of 0.2% from the previous month and shows a 4.8% rise from the year before.

During this period, 641 home was sold in the area, reflecting a decrease 2.4% compared to the month beforeand and a decrease of 7.0% from the same month in the previous year.

Furthermore, homes in Multnomah County were on the market for an average of 20 days before selling, reflecting an increase of 7 days days month-over-month and an increase of 5 days day year-over-year.

Currently, with a Market Pulse Score of 115, Multnomah County’s real estate market appears to be experiencing an upturn.

For more information about the Multnomah County, Oregon market, visit MyMarketPulse.com.

MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.

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