Marshall Park currently leans toward sellers, with a seller's market gauge reading. Months of supply sit at 2.2, tighter than Portland overall at 3.1 months. Typical home values here are also higher than the city, with the median sale price at about $791,000 versus roughly $512,000 across Portland.
Looking at this rolling three-month view, prices have eased from a year ago while listing prices have climbed. The typical home value is down about 9% year over year, yet the median list price is up more than 12%, suggesting sellers are still aiming high even as closed prices trend lower. Homes are moving very quickly, with a median of just five days on market, a sharp drop from a year earlier. A little over 42% of recent sales closed above list price, and the average sale-to-list ratio is above 106%, showing that well-priced homes can still draw strong offers.
Activity levels show a tight but active market. New listings are roughly flat compared with last year, while homes sold and pending sales are down, pointing to limited options and selective buyers. Even so, more than half of homes go off the market within two weeks, underlining how quickly good properties are claimed. Buyers and sellers who want to navigate these conditions smoothly can turn to Agent Pronto to connect with an experienced local agent who understands Marshall Park’s dynamics.
