New - 2 days on Rocket3D tour
$5,936 Closing Credit¹
#139806142, Whitney Parker, Listing Office: Redfin
Southwest Hills Residential League Housing Market Report January 2025•Multnomah County, Oregon
Housing Prices in Southwest Hills Residential League, OR
How much do homes in Southwest Hills Residential League, OR cost?
Housing Market Conditions
Is Southwest Hills Residential League, OR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Southwest Hills Residential League is a Buyer's Market
Difference Since January 2024
At the same time last year, Southwest Hills Residential League was a Seller's Market.
Insight
Southwest Hills Residential League is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,007,500$344/SqFt
+$25,000
+2.5%
Based on all homes sold in the last 12 months
Insight
Homes in Southwest Hills Residential League have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Southwest Hills Residential League was $1,007,500 in January 2025, up 2.5% from last year, and the median price per square foot was $344.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $235K | $545.2K | +132.0% |
| 22 Bedrooms | $620K | $472.5K | -23.8% |
| 33 Bedrooms | $910K | $908K | -0.2% |
| 44 Bedrooms | $1.1M | $1.1M | -5.4% |
| 55+ Bedrooms | $1.1M | $1.1M | +0.8% |
Summary: Southwest Hills Residential League housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +132.0%. The home price for 2 bedroom homes decreased by -23.8%. The home price for 3 bedroom homes decreased by -0.2%. The home price for 4 bedroom homes decreased by -5.4%. The home price for 5 bedroom homes increased by +0.8%.
Housing supply in Southwest Hills Residential League, OR
How many homes are available in Southwest Hills Residential League, OR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 76Last MonthJan 2025 | ||
| 752 months agoDec 2024 | +1.3 % Change MoMDec – Jan |
Summary: The Southwest Hills Residential League real estate market had 76 homes for sale in Jan 2025, a 1.3 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthJan 2025 | ||
| 102 months agoDec 2024 | -20.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 8 | 10 | +25.0% |
| 33 Bedrooms | 25 | 23 | -8.0% |
| 44 Bedrooms | 27 | 29 | +7.4% |
| 55+ Bedrooms | 14 | 13 | -7.1% |
Summary: Southwest Hills Residential League housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -8.0%. The inventory for 4 bedroom homes increased by +7.4%. The inventory for 5 bedroom homes decreased by -7.1%.
Asking Price vs. Sold Price
How much do homes in Southwest Hills Residential League, OR cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price7 Homes
Insight
If you're buying a home in Southwest Hills Residential League, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Southwest Hills Residential League in January 2025, down by 20.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and and 0% were sold over asking.
Days on Market for Southwest Hills Residential League, OR
How long does it take to sell a home in Southwest Hills Residential League, OR?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days7 Homes
Insight
Most homes in Southwest Hills Residential League are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 8 homes were sold in Southwest Hills Residential League; 0% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 88% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 129 DaysThis YearJan 2025 | ||
| 95 Days1 year agoJan 2024 | +35.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Southwest Hills Residential League had an average listing age of 129 days in Jan 2025, up by 35.5% compared to the previous year.
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Newest Listings in Southwest Hills Residential League, OR
What homes are available in Southwest Hills Residential League, OR?
New - 2 days on Rocket
$10,000 Closing Credit¹
#272176394, Betsy Menefee, Tamra Dimmick, Listing Office: Windermere Realty Trust
New - 4 days on Rocket3D tour
$10,000 Closing Credit¹
#736804310, William Gilliland, Listing Office: Windermere Realty Trust
New - 6 days on Rocket
$3,473 Closing Credit¹
#24667155, Robert Chown, Listing Office: 503 Properties Inc
#250543156, Peter Kirby, Listing Office: Kirby Real Estate LLC
#769919520, Peter Kirby, Listing Office: Kirby Real Estate LLC
#164710017, Peter Kirby, Listing Office: Kirby Real Estate LLC
$8,609 Closing Credit¹
#112710659, Sally Schwartz, Carla Mink, Listing Office: Portland's Alternative Inc., Realtors
Video tour
$10,000 Closing Credit¹
#490734571, Eric Hagstette, Listing Office: Inhabit Real Estate
$8,016 Closing Credit¹
#459387330, Macey Laurick, Listing Office: Windermere Realty Trust
$7,599 Closing Credit¹
#600517902, Kirt Dye, Listing Office: John L. Scott
#518859816, Marcia Walsh, Catherine Kelley Petroff, Listing Office: Where, Inc
Nearby markets
Nearby markets aren't available for Southwest Hills Residential League, OR
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, for the period 02/01/2023 - 02/01/2025
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.