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No. 1 Best-Performing Big Metro: Portland-Vancouver-Beaverton, Ore.-Wash.
1990 price: $130,590 ($78,200 in 1990 dollars)
2010 price: $242,100
Change in real dollars: +85.4 percent
Population: 2,241,841
Year home prices peaked: 2007
Notwithstanding recent declines, Portland area home prices (adjusted for inflation) remain significantly higher than 1990 levels. The median price rose quickly from 2004 through 2007, peaked at about $311,000 (in 2010 dollars) in 2007, and has since dropped by about 22 percent. Moody's Economy.com and Fiserv predict prices will reach their trough in fourth-quarter 2011.
2010 price: $242,100
Change in real dollars: +85.4 percent
Population: 2,241,841
Year home prices peaked: 2007
Notwithstanding recent declines, Portland area home prices (adjusted for inflation) remain significantly higher than 1990 levels. The median price rose quickly from 2004 through 2007, peaked at about $311,000 (in 2010 dollars) in 2007, and has since dropped by about 22 percent. Moody's Economy.com and Fiserv predict prices will reach their trough in fourth-quarter 2011.
