January 27, 2020 at 9:03am | Suzanne Clark

Hottest 'Hoods 2019: These 50 Portland-area ZIP codes had outstanding real estate activity last year

By Brandon Sawyer  – Data Editor, Portland Business Journal
January 23, 2020

Portland real estate activity last year was a mixed bag, though sales remained brisk in some areas.

Home sales in 103 ZIP codes in Clackamas, Clark (Wash.), Multnomah and Washington counties dipped -0.2 percent to 36,154 total homes sold.

The median time it took to sell a house took almost three days longer than in 2018, creeping up to 19.4 days on average across those ZIP codes.

However, median prices continued to rise in most neighborhoods, reaching $425,867 on average, a 2.5 percent.

Notably, six of 2018's top 10 returned to the top 10 in 2019 and seven of them lie in Portland city limits this year versus six last year.

Joining to the top 50 in 2019 are Hazelwood/Fairview (97230) and Fircrest/Countryside Woods, Wash.(98684) as Parkrose/Sumner (97220), Gladstone (97027), Forest Grove (97116) and Rockwood (97233) fell out after making last year's top 52.

Due to favorable sales, price and/or fewer days on market, the top 10 biggest gainers in terms of ranking for 2019 were:

  • OHSU/Hillsdale/SW Hills (97239), 20 ranks
  • Lake Oswego (97035), 18 ranks
  • Clackamas (97015), 13 ranks
  • Happy Valley (97086), 13 ranks
  • Piedmont/Concordia (97211), 13 ranks
  • Irvington/Grant Park (97212), 13 ranks
  • Five Corners/Homan, Wash. (98662), 13 ranks
  • Orchards/Livingston, Wash. (98682), 12 ranks
  • Kerns/Laurelhurst (97232), 11 ranks
  • Aloha (97078), 10 ranks

The top 5 zip codes on the list for 2019 are:
  1. Beaverton/Aloha (97007)
  2. North Tabor/Hollywood (97213)
  3. Piedmont/Concordia (97211)
  4. Northwest Heights/Cedar Mill/Bethany (97229)
  5. Tigard/Metzger (97223)

Click here to see the full list of Portland's hottest neighborhoods based on number of sales, highest sale prices and shortest time on the market.


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