In May 2025, there were 3,651 new listings in the Portland, Oregon metro area, which is a 4.1% increase from the 3,508 listed in May 2024, and an increase of 8.7% from the 3,358 listed in April 2025.
2,299 pending sales last month decreased 2.7% from the 2,363 offers accepted in May 2024, and increased 3.3% from the 2,225 offers accepted the previous month in April 2025.
Closed sale count of 2,018 this past May was a decrease of 5.7% from the 2,140 closings last year in May 2024, and an increase of 7.3% from the 1,880 closings last month in April 2025.
Inventory increased to 3.3 months in May 2025. Total market time decreased to 55 days, with the average home sale price of $624,100, and a median home sale price of $569,500.
For more information or to discuss your plans to buy or sell a home in the Portland, Oregon metro area, contact our team today!