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Pricey Portland Neighborhoods Approach $500K Average Sale Price

hh-2015-q2-average-sale-price-25_750xx1200-675-0-113Portland housing costs, per data from second fiscal quarter 2015, are at their highest levels ever. The average cost among the 25 most expensive Portland neighborhoods is greater than $450,000. This is the result of a 10 percent rise in costs since 2014, and all signs point to a continued increase through the rest of 2015.

There is no specific grouping by Portland neighborhoods. All four quadrants feature at least three neighborhoods with average prices in the top 15 for prices throughout the Portland Metro Area. Southwest Portland boasts five of these neighborhoods.

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