Buying, selling and operating apartments in Portland

Portland Apartment Sales – Sept 22 | 6 November 2022

 

To download the individual sales report, right-click the link below and “Save As”:

 

<<<Portland_Sep22vSep21_AptSales>>>

 

Highlights:

• Gross Sales $ Sept 22 YTD = $2072M is a 15.9% DECREASE from Sept 21 YTD = $2465M

• $/unit Sept 22 YTD = $235.8K is a 14.2% INCREASE from Sept 21 YTD = $206.4K.

• $/SqFt Sept 22 YTD = $287.47 is a 16.5% INCREASE from Sept 21 YTD = $246.83

Interest rates have made a major change in transactions, so it may be a while before we adjust.

The 2016-2021 Portland Apartment Market History is available on the WEBsite here:

 

  <<<https://portlandapartmentsales.com/2022/04/07/portland-apartment-sales-history-2016-2021/>>&gt;

 

If you need any info about apartment sales in the Portland – METRO, we have sales data over the past 15 years +.  Feel free to contact me – steve@smicre.com.

 

Free financial analysis of your property, eMail/call me for a SAMPLE report.  It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.

 

Steve Morris | Principal Broker
SMI Commercial Real Estate
Phone: 503.970.4593 
steve@smicre.com | www.smicre.com
OR License # 200202054 | WA License # 24512

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