We're home to food trucks, breweries, and Voodoo Donuts, with an eco-friendly, laid-back vibe in this nature-loving city.

20,900

Jobs Created
1.8%

$76,308

Median Household Income
6.1%

14,402

Total Housing Permits
-17%

162

Total Number of Projects
-5.8%

$491,643

SFD New Home List Price
-0.8%

912

New Home Sales
-25.6%
Monthly

Market Health

Portland s population is 2.5M, with a total workforce of 1.2M. The labor market grew by 20,900 jobs over the past year, up by 1.8%. The median household income in Portland is $76,308, 6.1% higher than last year and 24.3% above the national average of $61,372. In the housing market, total permits issued totaled 14,402 over the last twelve months, down 17.0% year-over-year. Portland has 162 active new home projects on the market, 5.8% fewer than the 172 from last year. The average list price in the market is $491,643, 0.8% lower than last year and 62.4% above the national average. Over the last three months, new home contracts decreased by 25.6% to 912. Vancouver and Portland had the highest concentration of the new home contracts in the Portland market.

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Steve LaTerra

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Steve LaTerra

Managing Director


Stephen Smiley

Senior Vice President

Stephen Smiley

Senior Vice President


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