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May 2025 - Market Action Report - Portland, OR

6/6/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of May 2025.  Click HERE to see the full detailed report.
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Home inventory* is reported at 3.3 months of availability in May.

The actual median sales price has increased 2.0% since  May of 2024, now at $569,500.

May 2025 vs April 2025
New Listings are up 8.7%
Pending Sales are up 3.3%

Closed Sales are up 7.3%

​
May 2025 vs May 2024
New Listings are up 4.1%
Pending Sales are down 2.7%
Closed Sales are down 5.7%


Homes are taking one week longer to sell than they did in May 2024. 
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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April 2025 - Market Action Report - Portland, OR

5/9/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of April 2025.  Click HERE to see the full detailed report.
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Home inventory* is reported at 3.1 months of availability in April.

The actual median sales price has increased 1.3% since  April of 2024, now at $550,000.

April 2025 vs March 2025
New Listings are up 25.9%
Pending Sales are up 1.2%

Closed Sales are up 16.6%

​
April 2025 vs April 2024
New Listings are up 7.6%
Pending Sales are down 3.8%
Closed Sales are effectively the same


Homes are taking just six days longer to sell than they did in April 2024. ​
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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March 2025 - Market Action Report - Portland, OR

4/9/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of March 2025.  Click HERE to see the full detailed report.
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Home inventory* is reported at 3.0 months of availability in March.

The actual median sales price has increased 1.3% since  March of 2024, now at $542,000.

March 2025 vs February  2025
New Listings are up 38.2%
Pending Sales are up 33.4%

Closed Sales are up 13.0%

​
March 2025 vs March 2024
New Listings are up 10.0%
Pending Sales are up 2.9%

Closed Sales are up 2.2%


Homes are taking just five days longer to sell than they did in March 2024. 
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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February 2025 - Market Action Report - Portland, OR

3/10/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of February 2025.  Click HERE to see the full detailed report.
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Home inventory* dropped back to 3.2 months of availability.

The actual median sales price has increased 1.6% since  February of 2024, now at $538,300.

February 2025 vs January 2025
New Listings are down 12.5%
Pending Sales are down 4.1%

Closed Sales are up 17.7%

​
February 2025 vs February 2024
New Listings are down 7.4%
Pending Sales are down 5.4%

Closed Sales are up 11.2%


Homes are taking one day longer to sell than they did in February 2024 (basically the same). 
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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January 2025 - Market Action Report - Portland, OR

2/12/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of January 2025.  Click HERE to see the full detailed report.
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Home inventory* has increased to 3.7 months of availability.

The actual median sales price has increased 6.3% since  January of 2024, now at $537,000.

January 2025 vs December 2024
New Listings are up 106.5%
Pending Sales are up 29.6%

Closed Sales are down 20.9%

​
January 2025 vs January 2024
New Listings are up 13.6%
Pending Sales are up 15.2%
Closed Sales are up 8.3%


Homes are taking about 3 weeks longer to sell than they did in January 2024.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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December 2024 - Market Action Report - Portland, OR

1/17/2025

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of December 2024.  Click HERE to see the full detailed report.
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Home inventory* is sitting at 2.7 months of availability.

The actual median sales price is the same as December of 2023 at $525,000.

December 2024 vs November 2024
New Listings are down 26.8%
Pending Sales are down 16.2%
Closed Sales are down 8.7%

​
December 2024 vs December 2023
New Listings are up 4.1%
Pending Sales are up 1.3%
Closed Sales are up 15.3%


Homes are taking 2 weeks longer to sell than they did in December 2023.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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The Story of Homeownership in the United States

1/1/2025

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This month, we're sharing with you a brief history of how homeownership has changed over the past century. It’s an interesting look at how the events that occurred nationwide as well as globally have impacted American homeowners over the years. 
 
We're also sharing a projection of what experts anticipate will happen in the real estate market through 2025. It’s important to remember that there is no universally “perfect time” to buy or sell a home — the right time is when it's the right time for you.
 
We're always here for any of your real estate-related questions or needs. That includes offering a referral to an agent outside of the area we serve as well as any other service professionals you might need.
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November 2024 - Market Action Report - Portland, OR

12/13/2024

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of November 2024.  Click HERE to see the full detailed report.
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Home inventory* is sitting at 3.0 months of availability.

The actual median sales price is up (1.4%) since November of last year, now at $535,000 (vs. $527,600). 

November 2024 vs October  2024
New Listings are down 36.1%
Pending Sales are down 21.6%
Closed Sales are down 14.9%

​
November 2024 vs November 2023
New Listings are down 20.2%
Pending Sales are up 9.8%
Closed Sales are up 25.1%


Homes are taking about 1.5 weeks longer to sell than they did in November 2023.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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October 2024 - Market Action Report - Portland, OR

11/12/2024

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Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of October 2024.  Click HERE to see the full detailed report.
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Home inventory* decreased again to 2.9 months of availability.

The actual median sales price is up (2.9%) since October of last year, now at $540,000 (vs. $525,000). 

October 2024 vs September 2024
New Listings are down 11.8%
Pending Sales are down 2.8%
Closed Sales are up 16.0%

​
October 2024 vs October 2023
New Listings are up 3.4%
Pending Sales are up 24.2%
Closed Sales are up 18.3%


Homes are almost 2 weeks longer to sell than they did in October 2023.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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September 2024 - Market Action Report - Portland, OR

10/16/2024

0 Comments

 
Below are the latest Real Estate market statistics for Portland and the Surrounding Areas for the full month of September 2024.  Click HERE to see the full detailed report.
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Home inventory* has increased up to 3.5 months of availability.

The actual median sales price is up (0.7%) since September of last year, now at $541,000 (vs. $537,400). 

September 2024 vs August 2024
New Listings are down 3.0%
Pending Sales are up 1.2%
Closed Sales are down 13.0%

​
September 2024 vs September 2023
New Listings are down 4.6%
Pending Sales are up 14.8%
Closed Sales are down 0.9%


Homes are taking 2 weeks longer to sell than they did in September 2023.
*Home inventory refers to the length of time that it would take to run out of houses to sell if we continue selling at the current rate without listing any additional homes for sale.
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  • Home
  • About Us
    • Mission Statement
    • Rick McDowell
    • Jimmy McDowell
    • Becky Shaw
    • Client Testimonials
  • Sellers
    • What's My Home Worth?
    • Selling a Home in an Estate
  • Buyers
    • Preferred Lenders
  • Our Listings
    • LISTING - 53rd AVE
    • LISTING - ANGELA LN
    • LISTING - CHURCH RD
    • LISTING - CORNELL ST
    • LISTING - GREENANN CT
    • LISTING - MATEER RD
    • LISTING - SWEET GUM CT
    • LISTING - WATERFORD WAY
    • LISTING - WILD FERN LN
  • Home Search
  • Business Directory
  • Resources
    • Preferred Lenders
    • Client Survey
  • Blog
  • Contact Us