In January 2025, there were 2,205 new listings in the Portland, Oregon metro area, which is a 13.6% increase from the 1,941 listed in January 2024, and an increase of 106.5% from the 1,068 listed in December 2024.
1,719 pending sales last month increased 15.2% from the 1,492 offers accepted in January 2024, and increased 29.6% from the 1,326 offers accepted the previous month in December 2024.
Closed sale count of 1,213 this past January was an increase of 8.3% from the 1,120 closings last year in January 2024, and a decrease of 20.9% from the 1,534 closings last month in December 2024.
Inventory increased to 3.7 months in January 2025. Total market time also increased to 88 days, with the average home sale price of $600,300, and a median home sale price of $537,000.
For more information or to discuss your plans to buy or sell a home in the Portland, Oregon metro area, contact our team today!