Is Skyline, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Skyline was a Seller's Market.
Key Takeaway
Skyline is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Skyline, OR
How much do homes in Skyline, OR cost?
Median Sold Price
$680,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Skyline have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Skyline was $680,000 in March 2024, up 2.8% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $318K | N/A |
| 2 Bedrooms | $380K | $357.3K | -6.0% |
| 3 Bedrooms | $764.5K | $680K | -11.1% |
| 4 Bedrooms | $640K | $840K | +31.3% |
| 5+ Bedrooms | $1.6M | $940K | -43.5% |
Summary: Skyline housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes decreased by 43.5%.
Median Sold Price Compared To Nearby Cities
| Vancouver | $469.9K | $496.4K | +5.6% |
| Skyline | $661.4K | $680K | +2.8% |
| Portland | $536.7K | $539.4K | 0.5% |
| Portland West | $633.4K | $624.9K | -1.4% |
| Portland East | $515.1K | $495.1K | -3.9% |
Housing Supply in Skyline, OR
How many homes are available in Skyline, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The Skyline real estate market had 33 homes for sale in March 2024, a 13.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Skyline housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Skyline, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Skyline in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 67 Days | 14 Days | -79.3% |
Summary: Homes in Skyline had an average of 14 days on market in Mar 2024, down by 79.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Skyline are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Skyline; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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