Hosford-Abernethy’s rolling three-month snapshot shows moderate inventory with 53 active listings and 3 months of supply. Contract activity has cooled compared with last year, with homes sold down and pending sales also lower year over year. Even with fewer closings, 61.3 percent of homes have gone under contract within two weeks, indicating buyers move quickly when they see the right home.
Pricing has adjusted but is still elevated compared with the broader Portland market. The typical home value over the latest three-month period is about $694,000, up more than 12 percent from a year ago and notably higher than Portland’s roughly $512,000. At the same time, the median list price has edged down slightly year over year, and the average sale-to-list ratio is just over 101 percent, with about 36 percent of homes selling above list price.
Days on market tell a story of shifting pace. The median time to sell is currently 20 days in the rolling three-month view, up substantially from a year earlier but down sharply from recent peaks, suggesting a middle ground between frenzy and slowdown. Compared with the city overall, Hosford-Abernethy still leans a bit toward sellers, reflected in its seller’s market gauge and quick-moving well-priced homes. In this kind of nuanced environment, both buyers and sellers can benefit from Agent Pronto’s help connecting with an agent who understands these local dynamics.
