Each month we break down the RMLS Market Action Report to help Portland area 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.
June continued 2026's steady, "unremarkable" trend, closely mirroring what we saw throughout 2025.
Inventory decreased 3.1% to 3.1 months
Median sale price increased 0.9% to $564,900
Total market time decreased 3.5% to 55 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 Homes that were withdrawn or canceled after extended time on market are not included.
Today's buyers (your competition!) are informed, prepared, and ready to act when the right property hits the market. Make sure you're keeping a close eye on your saved property alerts and have a current pre-approval letter ready to go. Don't let the "what-ifs" of the future (lower interest rates or falling home prices) keep you on the sidelines. The right home at the right price today can be worth far more than waiting for a market that may never arrive.
At the same time, don't overlook homes that have been on the market for 90 days or longer. These stale listings can present excellent opportunities, as sellers may be more willing to negotiate on price, closing costs, repairs, or other favorable terms.
Pricing continues to be the single biggest factor in determining how quickly a home sells. Today's buyers have access to more market data than ever before, and homes that are priced appropriately from day one consistently generate the strongest interest.
We're encouraging sellers to focus on the fundamentals: thoughtful preparation, professional marketing, standout presentation, and a strategic pricing plan from the start.
Keep in mind that the longer a home sits on the market, the more buyers begin to question its value. If your listing has seen a slowdown in activity, it's a good time to reassess your pricing, presentation, or overall marketing strategy before valuable momentum is lost.
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 June 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 June was $564,900, representing:
+0.9% compared to last month
-0.9% compared to June 2025
Lake Oswego / West Linn maintained the highest median sale price in the Portland Metro area at $900,000.
West Portland: $667,000
North Portland: $499,000
NE Portland: $550,000
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
