Portland Metro Real Estate: June 2025 Market Action Report

The Portland Metro Residential Market Action report is a monthly review provided by the RMLS, a database where real estate agents post home listings for the region. 

The Numbers At-a-Glance

Compared to May, June reported 9% increase in inventory (3.6 months), 7.5% decrease in total market time (51 days), and a 0.1% increase in median sale price ($570,000). Historically, June is when we see the summer warming trends really start to heat up for the Portland Metro real estate market and this rang true for 2025 as well with the increase (albeit slight) in median sale price paired with the decrease in days on market. 

Notes for Buyers

During the summer months we will expect to see an increase in inventory as well as an increase in buyers. To beat out the competition, make sure you’ve met with a lender and have a pre-approval letter in-hand. We’re seeing a wave of price cuts across active listings with longer days on market - an opportune time for savvy buyers if they’re paired with an agent who knows how to craft competitive and enticing offers.  

Notes for Sellers

As we enter the summer selling season, you’ll find an increase in potential home buyers but will also face the most competition as inventory climbs to its yearly peaks. This means your go-to-market strategy needs to be more than a comprehensive marketing plan - pricing will be the biggest driver for attracting the best and widest pool of qualified buyers. Continued economic ambiguity paired with unmoving interest rates are driving buyers to be more cost-conscious than ever.

Inventory Levels

Inventory levels are a leading indicator of market strength. The inventory level for June was reported at 3.6, meaning if no new homes came on the market, it would take 3.6 months for inventory to sell out completely (at the current rate of sales). 

Median Home Selling Price

The median sale price for June was reported at $570,000. It’s a 0.1% increase from last month and a 0.9% increase compared to June 2024. Lake Oswego / West Linn continued their reign of top median sale price at $958,800.

Here’s what median home sale prices looked like across Portland proper:
West Portland: $685,000
North Portland: $480,000
NE Portland: $560,000
SE Portland: $508,500

Reach out if you’re interested in learning more about the Portland Metro real estate market. I can be reached anytime via email ([email protected]) or call/text (503-545-5094). You can also stay in touch by following us on Instagram!