Portland Real Estate Market
The Portland real estate market is always changing. It takes a very busy real estate agent, top 1% in Portland, to keep a finger on its pulse.
Bookmark this page for monthly Portland real estate market updates, annual forecasts, Portland condo market updates, HOA reports, Portland population rates, local short sale and foreclosure updates, and more.
If you’re thinking of selling your home in the next twelve months, Stephen would love to tour your home. Call today to set an appointment.
Stephen FitzMaurice, Realtor
1.7% to Sell a Home
Cancel Anytime Policy
Licensed Since 2003
503-714-1111
If you’re considering buying a home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.
Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004
503-773-0000
Portland Real Estate Market Update – August 2025
Each month, we track real estate trends across the Portland metro area to help buyers and sellers understand where the market is heading. As we move into August, we enter a time of year that typically sees a bit of seasonal cooling—but this year is shaping up to be a little different. Inventory remains higher […]
Portland Real Estate Market Update – July 2025
Each month, we analyze housing data from the Portland metro area to see how the market is shaping up. This month, we’re seeing changes in what buyers and sellers can expect. Though buyer traffic remains strong, even increasing from last month, sales aren’t keeping up. With more listings staying active longer and price reductions on […]
Portland Condo Owners are Selling with Massive Losses, for Less than they Cost 15 Years Ago
Portland Detached Home Values have More than Doubled in the Last 10 Years Portland home owners have experienced dramatic appreciation in the value if they owned a detached home from 2015 to 2025. In May of 2015, the average home value of a sold property in Portland, Oregon was about $300,000 flat. In May of […]
Portland Real Estate Market Update – June 2025
As we head into the summer, we’re seeing some common seasonal patterns, but also some changes. Inventory and the number of buyers increased as usual, but as for sales, pending activity isn’t keeping up with the pace this spring. The most unusual factor so far this spring is an increase in buyer activity and a […]
Portland Real Estate Market Update – May 2025
As Portland moves further into the year’s busiest real estate season, the market is showing familiar patterns. Inventory is building, buyer traffic remains steady, and prices continue to reflect stable demand. Competition is less intense than in prior years, but the market is still active, offering opportunities for both buyers and sellers. This update reviews […]
Portland, Oregon Real Estate Market, April 2025 Report
April marks a turning point in the Portland real estate market. The last few months have mostly followed expected seasonal patterns, but the latest data reveals a few key shifts worth watching. Inventory remains higher than in previous years, but home prices are holding steady, buyer activity is stable, and both buyers and sellers continue […]
Portland, Oregon Real Estate Market, March 2025 Report
The Portland real estate market is seeing increased activity leading into the spring season, with buyer traffic climbing, inventory levels dropping, and pending sales on the rise. January 2025 showed higher buyer traffic than last year, and new listings increased from December, following historical seasonal patterns. While price reductions remain slightly elevated, they still fall […]
How Many Californians Are Moving to Portland? 2025 Report
Californians have been migrating north to Oregon for years, and the last four years have been no different. Whether they are leaving California to escape wildfires, earthquakes, or higher prices, they continually move to Portland, Oregon. This is true despite the city of Portland losing population for the last three years. The reason for the […]
Portland, Oregon Real Estate Market, February 2025 Report
Portland’s real estate market is starting 2025 with some optimism. Winter brought the expected seasonal slowdowns in inventory and new listings, but the market is showing strong health for this typically slow time of the year. We’re seeing steady buyer activity and a healthier balance between supply and demand. We’re seeing price stability and a […]
Portland, Oregon Real Estate Market, January 2025 Report
As 2024 comes to a close, the Portland real estate market is showing seasonal patterns along with an encouraging amount of stable buyer activity. Inventory levels are also relatively high compared to prior years at this time. Price reductions have stabilized, and pending sales have continued to slow. Fewer listings are expected until spring, and […]
Portland, Oregon Real Estate Market, December 2024 Report
The real estate market in Portland typically holds to historical seasonal patterns, with buyer activity typically peaking in the spring and gradually slowing through late summer, fall, and into winter. As we close out 2024, we see that the Portland real estate market holds true to some patterns, but this season brings some unique twists. […]
Portland, Oregon Real Estate Market, November 2024 Report
Here in Portland, the real estate market often follows seasonal patterns, and this year, it is showing signs of the typical fall slowdown. Still, buyer traffic has shown some resilience since mid-September, a contrast to last year’s sharper declines, possibly because of the recent interest rate drop (and hope of more rate drops on their […]
Portland, Oregon Real Estate Market, October 2024 Report
Here in Portland, the real estate market often adheres to seasonal patterns. Currently, inventory remains high, and buyer traffic is lukewarm as it typical in the fall. Price reductions are high and will likely continue to climb as sellers contend with longer market times and increased competition. As usual, this results in more options and […]
Portland, Oregon Real Estate Market, September 2024 Report
As we kick off the Fall buying season, the Portland real estate market is already in its typical cooldown phase that started in August. If seasonal predictions hold (and they are highly likely to), we’ll be seeing medium buyer traffic and high inventory. In September, home buyers will have more favorable conditions for pricing and […]
2025 Portland Real Estate Market Forecast
Updated 01/2025. Local and national real estate market forecasts have improved since August with nearly every forecaster we follow increasing their housing price estimates for 2025. We have also slightly revised our initial 2025 forecast for the Portland market. How Did We Get Here? A Short History. The Portland and national real estate market has […]
Portland, Oregon Real Estate Market, August 2024 Report
Available home inventory has increased significantly and more homes are undergoing more price drops, which is creating a cooler housing market that will increasingly benefit homebuyers. Pending sales have decreased but buyer traffic has remained constant and average prices are stable, indicating that there are still opportunities for sellers. As buyer traffic wanes and inventory […]
We have worked with many Realtors over the years and Stephen is by far the best we have ever met. He's very knowledgeable and gets the job done quickly. We had multiple offers after one day, not because we were under priced but because we had maximum exposure at the appropriate price!
Karen
