Each month we break down the RMLS Market Action Report to help Portland homeowners and buyers understand what’s actually happening in the market. The Portland Metro Residential Market Action Report is a monthly snapshot provided by RMLS, the regional database where real estate agents list homes across the area.
Compared to last month, April delivered fairly steady results aside from the major change in total market time:
Inventory rose 3.3% to 3.1 months
Median sale price increased 1.1% to $550,000
Total market time decreased 20.3% to 63 days
Note: “Total market time” only counts listings that went from active to pending during the month. Homes that were withdrawn or canceled after extended time on market are not included.
Spring in the Portland Metro real estate market means a deluge of fresh inventory paired with higher competition among buyers - evident in a 24% increase in new listings compared to last month and a 20.3% decrease in total market time across the Metro. If you’re planning on making a home purchase in the coming months, getting your finances in order is a must as well as connecting with the right agent.
While our clients are busy parsing through all of the new listings, we’re continuing to recommend that buyers take a second look at “stale” listings that have been on the market for 90+ days. These properties can present excellent opportunities for negotiation!
Spring inventory is on the rise! This means competition is heating up among active listings. Well prepared homes with professional marketing, standout presentation, and a competitive price from day one are selling fast. The longer your home sits on the market, the more you risk devaluing your property.
If your home is already listed on the market, but showing activity has slowed, it may be time to reevaluate pricing, presentation, and/or positioning. Strategic adjustments can make a huge difference!
Inventory levels are a leading indicator of market strength. This metric is calculated by dividing the total number of active listings at the end of the month by the number of homes that sold during the same period.
The inventory level for April was 3.1 months, meaning that if no new homes came on the market, it would take 3.1 months for all existing inventory to sell at the current pace of sales.
The median sale price for April was $550,000, representing:
+1.1% compared to last month
No change compared to April 2025
Lake Oswego / West Linn maintained the highest median sale price in the Portland Metro area at $810,000.
West Portland: $637,000
North Portland: $499,900
NE Portland: $530,000
SE Portland: $475,000
If you’d like to learn more about the Portland Metro real estate market, or how these trends may impact your home, feel free to reach out anytime.
Email: [email protected]
Call or Text: 503-545-5094
You can also stay connected by following us on Instagram.
Address 4200 Mercantile Dr #700 Lake Oswego, OR 97035
Address 4200 Mercantile Dr #700 Lake Oswego, OR 97035
