Creston-Kenilworth is currently tilted toward sellers, with a seller’s market gauge reading. Months of supply sit at 2.1, noticeably tighter than Portland overall at 3.1 months. Homes are also moving quickly, with a median of just 9 days on the market in this rolling three-month window.
Prices show steady upward pressure compared with a year ago. The typical home value is up about 4 percent year over year, and the average sale-to-list ratio has edged above 101 percent, with roughly 44 percent of homes selling above their list price. At the same time, inventory has expanded, as active listings have climbed by about 73 percent and new listings have more than doubled compared with a year earlier, giving buyers more options even in a seller-leaning setting.
Demand has strengthened alongside that larger supply. Homes sold are up nearly 23 percent year over year and pending sales have jumped close to 50 percent, while the share of properties going off the market within two weeks is above 60 percent, underscoring how quickly well-priced homes are claimed. With Creston-Kenilworth running slightly hotter than the broader Portland market, conditions can feel fast-moving for both sides of the table. Buyers and sellers who want to navigate pricing, timing, and negotiations in this environment can turn to Agent Pronto to connect with a local real estate agent who fits their needs.
