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Portland Metro Real Estate Market Update for April 2024

Portland Metro Real Estate Market Update for April 2024
Portland Metro Real Estate Market Update for April 2024

In April 2024, there were 3,120 new listings in Portland, Oregon metro area, which is a 17.6% increase from the 2,653 listed in April 2023, and an increase of 28.7% from the 2,425 listed in March 2024.

2,313 pending sales last month show a 6.9% increase from the 2,164 offers accepted in April 2023, and an increase of 8.2% from the 2,138 offers accepted the previous month in March 2024.

Closed sale count of 1,883 this past April was an increase of 10.3% from the 1,707 closings last year in April 2023, and an increase of 19.3% from the 1,707 closings last month in March 2024.

Inventory increased to 2.4 months in April 2024. Total market time increased to 83 days, with the average home sale price of $618,900, and a median home sale price of $543,000.


For more information or to discuss your plans to buy or sell a home in the Portland, Oregon metro area, contact our team today!

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Our agents write often to give you the latest insights on owning a home or property in the Vancouver WA & Portland OR area.

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