Portland Metro Market Update - August 2025

The numbers are in from RMLS, and here’s what’s happening in the Portland housing market as of August:

• Inventory: 3.5 months. That’s up compared to last year, but slightly down from July—indicating a market that’s balancing.

• Active Listings: 7,018, which is 20% higher than last year. Buyers have more homes to choose from!

• Average Sale Price: $620,500—holding steady compared to last year.

• Pending Sales: up nearly 11% from last August, showing strong buyer demand.

• Market Time: Homes are averaging 62 days on the market, up from last year, which gives buyers more breathing room.

What does this mean for you?

• If you’re a buyer, you’ll see more options and less competition compared to last year.

• If you’re a seller, pricing strategically is more important than ever, but buyers are still active and making offers.

It’s a season of opportunity on both sides of the table. If you’d like a personalized market update for your neighborhood, let’s connect.