The following are first quarter numbers for the Portland Condo housing market. The number of current condo's on the market are down by 28.6% to 402 properties. The number of sales are down by 18.9% to 43 sales. The median sales price has risen by 13% to $218,666. The absorption rate has fallen by 7.6% to 48 months of available inventory. Analysis: positive increase in values despite large decreases in available inventory and decrease in sales volume.