Portland Metro Real Estate Market Report
Looking across the river? View our companion report: Clark County & Vancouver WA Real Estate Market Report →
Welcome to the official Portland Metro Real Estate Market Hub. Updated monthly with official RMLS (Regional Multiple Listing Service) data, this guide provides buyers, sellers, and homeowners with clear, data-driven insights into home values, active inventory, and market trends across the greater Portland metropolitan area.
Latest Monthly Report · July 2026 Data
Portland Metro Market At A Glance
Median Sale Price
$555,000
0.0% YoY
Closed Sales
2,167
+8.1% YoY
New Listings
3,004
+2.5% YoY
Inventory Supply
3.3 Mo.
54 Days Avg Market Time
July 2026 Market Analysis
Mid-summer in the Portland Metropolitan area brought steady completed home sales alongside a minor seasonal expansion in inventory. While new listing and pending offer volume experienced typical mid-summer moderation compared to June, closed sales posted strong year-over-year gains while median prices remained exceptionally stable.
- New Listings: Sellers added 3,004 new residential properties to the Portland Metro market in July—a 5.1% seasonal decrease from June (3,164), but up 2.5% compared to July 2025 (2,931).
- Pending Sales: Buyer contract activity registered 2,133 pending sales in July, representing a 12.5% decrease from June (2,437) and a slight 2.0% decline from July 2025 (2,177).
- Closed Sales: Completed transactions reached 2,167 closed sales in July—down 4.2% from June’s peak (2,263), but showing a strong 8.1% increase compared to July 2025 (2,005).
- Home Pricing: The median home sale price held flat year-over-year at $555,000 (-1.8% month-over-month), while the average sale price reached $632,500 (+1.7% year-over-year).
- Market Timing: Inventory expanded slightly to 3.3 months of supply (+0.2 months from June), while homes sold in an average total market time of 54 days.
Portland Metro Equity Check
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Historical Market Reports
Review past monthly reports to track long-term price movements and seasonal shifts across the Portland Metropolitan area:
June 2026 Market Summary
In June 2026, the Portland Metro market recorded 3,164 new listings and 2,437 pending sales. Closed sales surged to 2,263 completed transactions (+10.2% MoM). Inventory sat at 3.1 months of supply with a median home sale price of $564,900 and an average total market time of 55 days.
May 2026 Market Summary
In May 2026, the Portland Metro market recorded 3,246 new listings and 2,439 pending sales. Closed sales reached 2,053 completed transactions. Inventory sat at 3.2 months of supply with a median home sale price of $560,000 and average market time of 57 days.
April 2026 Market Summary
In April 2026, spring activity picked up momentum with 3,396 new listings and 2,356 pending sales. The median home price was $550,000, supported by steady buyer interest across inner Portland and surrounding suburbs.
Testimonials
We’re thankful for the support we received from Nathan and his team in selling our home, especially in this challenging market. Grateful to have had Nathan’s steady hand to help us navigate through this process. If you wanna sell your home, call Nathan.
Blake C.
I live in Arizona and needed to sell a house in Washington. Nathan and his staff sold the house within a few days. Everything was done on line and in a timely manor. I couldn’t have asked for better.
Karen S.
Nathan Cano is a great local resource for anyone looking to sell or purchase a home in the Clark County area. He helped me to sell my home in less than one week and found us the perfect lot to build our dream home on, at the right price. I’d highly recommend Nathan’s services.
Megan G.
Nathan was a big help in finding my dream home! I would recommend Nathan to anyone needing help buying or selling a home! He negotiated the price we wanted and we couldn’t be happier!
Andy C
Thank you Troy Frei for being kind, patient, and supportive. It is so nice to find someone who listens and really wants to help. Selling and buying a home is a stressful time, and with help from an agent like Troy it turns a stressful experience into something positive.
Alison H.
What a professional! My wife and I were first time home buyers and could not have asked for a better experience. From start to finish Troy walked us through every step of the way. He was straight forward, gave us sound advice and made us feel at ease throughout the entire buying process. We highly recommend Troy to anyone in the market for a new home.
Daniel T.
Nathan Cano not only worked quickly to help us secure a unique property but he also assembled a team of professionals to help along the journey. I’m confident that if we hadn’t had Nathan and his team on this project we wouldn’t have been successful. They acted quickly, precise and confident along the way. We had our dreams come true because of Nathan Cano and his team! Thank you Nathan!
Jake C.
The Cano Real Estate team made our transition into our new home smooth and seamless. We are so thankful for their support and expertise throughout the whole process of selling our old home and purchasing our new one. As a busy family of six, their services were greatly appreciated and we highly recommend using them if you are considering buying or selling. You won’t be disappointed.
Jason M.
Troy Frei and his crew were very professional from beginning to end and we got top dollar for our house. I would recommend him and would not hesitate to use him again when the need arises.
Vince E.
Awesome job real estate Mr. Cano sold my house and what was a difficult situation thank you very much. He is a 5+ star person.
Lee P.