Top Mega Teams in Oregon – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    2United Home GroupKeller WilliamsPortland, OR$325,460,608View Profile
    3OptOptLake Oswego, OR$193,579,797View Profile
    4Nick Shivers TeamKeller WilliamsMilwaukie, OR$165,469,968View Profile
    5Fox Real Estate NetworkKeller WilliamsPortland, OR$160,740,337View Profile
    7Laura Gillott TeamKeller WilliamsLebanon, OR$135,393,835View Profile
    10The Rockwell Real Estate GroupeXp RealtyMedford, OR$115,784,372View Profile
    51The Property BrokersKeller WilliamsHillsboro, OR$33,462,769View Profile

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    2023 Oregon Housing Market Summary

    Oregon started 2023 with a total of 6,578 single-family homes on the market, with a median home price of $559,700 and an average price per square foot of $335. By the end of the year, inventory had increased to 7,271 homes on the market (+10%), with a median home price of $585,000 (+4%) and an average price per square foot of $357 (+6%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had increased to 84 days.

    Oregon started the year with 36% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 35% of Oregon homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Oregon started 2023 as a strong seller’s market, with an MAI score of 46; by the end of the year, the MAI had dropped to 36 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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