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 · September 2026 Data
Portland Metro Market At A Glance
Median Sale Price
$545,000
0.0% YoY
Closed Sales
1,752
-7.9% MoM
New Listings
2,487
+1.9% MoM
Inventory Supply
4.2 Mo.
68 Days Avg Market Time
September 2026 Market Analysis
Early autumn brought a quiet shift across the Portland Metropolitan area. While new listing arrivals saw a slight uptick from August, pending offers and closed sales slowed down, allowing total available inventory to reach 4.2 months of supply and giving active buyers added options.
- New Listings: Sellers added 2,487 new residential properties to the Portland Metro market in September—a modest 1.9% increase over August (2,440) and virtually flat (-0.4%) compared to September 2025 (2,498).
- Pending Sales: Contract activity registered 1,760 pending offers in September, representing a 12.6% decrease from August (2,013) and a 17.9% dip compared to September 2025 (2,145).
- Closed Sales: Completed transactions settled at 1,752 closed homes in September—down 7.9% from August (1,902) and 4.0% lower than September 2025 (1,825).
- Home Pricing: The median sale price held firm at $545,000 (flat at 0.0% year-over-year and up 0.9% month-over-month), while the average sale price reached $630,500 (+3.8% month-over-month).
- Market Timing: Total inventory expanded to 4.2 months of supply (+0.4 months from August), while total average market time picked up to 68 days.
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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:
August 2026 Market Summary
In August 2026, the Portland Metro market recorded 2,440 new listings and 2,013 pending sales. Closed sales reached 1,902 completed transactions. Inventory sat at 3.8 months of supply with a median home sale price of $540,000 and an average total market time of 57 days.
July 2026 Market Summary
In July 2026, the Portland Metro market recorded 3,004 new listings and 2,133 pending sales. Closed sales reached 2,167 completed transactions (+8.1% YoY). Inventory sat at 3.3 months of supply with a median home sale price of $555,000 and an average total market time of 54 days.
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
Nathan Cano and his team did a great job selling my house in Ridgefield. He had it under contract within 4 days of putting it on the market, which was awesome. He was easy to work with, kept me updated throughout the process, and was always available when I had questions or needed something. Everything went smoothly from listing the house all the way through closing. I was really happy with how everything turned out and would definitely recommend Nathan to anyone looking to sell their home in…
Wayne D.
My wife and I bought our first home together in 2007 using Nathan Cano and his team at Cano Real Estate. Buying your first home can be a very exciting time, yet a very nervous time as well. Nathan took very good care of us and did everything he said he was going to. Since then, we’ve sold that home and purchased another home using Nathan and his team in 2012. Again, the process was very smooth and worry free. We currently have our home on the market using Nathan Cano, and so far, the process ha…
Joshua D.
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.
Troy Frei helped us to sell one and buy a new home. He was patient, professional, and very knowledgeable about real estate. We really appreciated the time he took to truly understand what we were looking for and showed us more places than we thought possible. Although I think we have found our forever home, if I ever need any real estate help again, I will be using Troy Frei and I highly recommend that you do too!
Nate E.
I chose Nathan and Troy to market my 2.4ac lot at 2312 NE 49th St, Vancouver, WA because they know the local market well. They were very accessible during the sale process. They contacted a local engineering company, and did market analysis on my lot, helped me setting up the right price, which led to the sale of my lot.
Dawning L.
My wife and I just sold our condo on the Columbia River, after listing it with Nathan Cano at Cano Real Estate. It was on the market for only 6 weeks and we couldn’t be happier. Cano Real Estate has a team approach to selling properties, and it was obvious from the start when great pictures were taken by a member of his staff, and marketed online in a very professional manner. We were expecting our condo to take much longer to sell, but due to Nathan’s marketing approach, we attribute it sellin…
Dick & Kathy S.
Couldn’t have asked for a better experience during the purchase of our home. Bre always answered my calls and walked us through everything from the beginning to the end. Highly recommend and will definitely refer prospective home buyers to her.
Terri M.
Nathan helped us find our house and it was an excellent experience. His knowledge of the area and the entire purchase process was invaluable. We would definitely use Nathan again.
Ben & Janna W.
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.
Very glad we went with Cano Real Estate when selling our home. They were very professional and thorough through the whole process. Even though the market was slow and the time of year for selling was bad, our home was sold in a very timely manner for the full market value.
Jerry & Marge W.