Is Skyline, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Skyline was a Neutral Market.
Housing Prices in Skyline, OR
How much do homes in Skyline, OR cost?
Median Sold Price
$680,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Skyline was $680,000 in May 2024, up 6.3% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $335K | $301K | -10.1% |
2 Bedrooms | $465K | $355.5K | -23.5% |
3 Bedrooms | $664.9K | $800K | +20.3% |
4 Bedrooms | $665K | $950.1K | +42.9% |
5+ Bedrooms | $1.6M | $940K | -43.5% |
Summary: Skyline housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.1%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 43.5%.
Median Sold Price Compared To Nearby Cities
Skyline | $640K | $680K | +6.3% |
Vancouver | $474.9K | $498.7K | +5.0% |
Portland West | $621.9K | $630K | +1.3% |
Portland | $532.1K | $538.6K | +1.2% |
Portland East | $503K | $493K | -2.0% |
Housing Supply in Skyline, OR
How many homes are available in Skyline, OR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Summary: The Skyline real estate market had 24 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Skyline housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Skyline in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Skyline, OR
How long does it take to sell a home in Skyline, OR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 27 Days | +164.5% |
Summary: Homes in Skyline had an average of 27 days on market in May 2024, up by 164.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Skyline; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.