Gresham Real Estate Market Sees Sales Decline

The Gresham market broke below its 12-month average sales volume this week as sales fell 9.8% to hit 111 homes sold over the last 30 days. Meanwhile, close-by Portland reported 771 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $283,500 over the latest reporting period for Gresham, down from $285,000. With only two months of inventory to sell, Gresham is a strong seller's market, in spite of the dip in sales.

Trying to find a more traditional home in Gresham? Then check out these listings that were built before most others in the market:

$399K   $648K   $900K  

Get started right now by checking out Gresham homes for sale or reviewing Gresham real estate trends.

Demographic facts for Gresham:

  • The population density is 4,551.3 people per square mile in this area.
  • The lifestyle rating here is 57. (Scale: 1 = Worst, 100 = Best)
  • 71.6% of the residents travel to work in an automobile, 10.4% via carpool, and 8.8% by way of public transit.

Data reported through 10/12/2016

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Willamette Realty Group
Snapped 16 homes in this area
Berkshire Hathaway HomeServices Nw
Snapped 5 homes in this area
John L Scott
Snapped 10 homes in this area

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