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 · August 2026 Data
Portland Metro Market At A Glance
Median Sale Price
$540,000
-1.8% YoY
Closed Sales
1,902
-12.2% MoM
New Listings
2,440
-18.8% MoM
Inventory Supply
3.8 Mo.
57 Days Avg Market Time
August 2026 Market Analysis
Late summer brought a typical seasonal slowdown across the Portland Metropolitan area. Both buyer activity and new listing volume moderated from July’s pace, allowing available inventory to expand and giving active home buyers added leverage heading into the fall season.
- New Listings: Sellers added 2,440 new residential properties to the Portland Metro market in August—an 18.8% seasonal pullback from July (3,004) and down 1.5% compared to August 2025 (2,476).
- Pending Sales: Contract activity registered 2,013 pending offers in August, representing a 5.6% decrease from July (2,133) and an 11.5% dip compared to August 2025 (2,275).
- Closed Sales: Completed transactions settled at 1,902 closed homes in August—down 12.2% from July (2,167) and 5.9% lower than August 2025 (2,021).
- Home Pricing: The median sale price settled at $540,000 (down 1.8% year-over-year and 2.7% month-over-month), while the average sale price landed at $607,200.
- Market Timing: Total inventory expanded to 3.8 months of supply (+0.5 months from July), while total average market time picked up slightly to 57 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:
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
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.
We are so thankful a friend recommended Cano Real Estate to us and we were able to work with Kelly Winn. He is very easy to work with and was always able to answer any questions we had for him. He never seemed t0o busy and always made us feel like we were a priority. The Cano team is very professional and I will recommend them whenever I get the chance.
Chris R.
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.
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.
We worked with an excellent on-site agent, Troy Frei from Cano Real Estate, who represented the seller/builder of our newly constructed home in Vancouver, WA. We are appreciative that Troy was consistently courteous, responsive, and straightforward with us during the entire home buying process. During our personal interactions, he was always knowledgeable and provided us with information that was helpful and relevant to our situation. The entire transaction went smoothly from start to finish, an…
Clyde T.
Cynthia B.
I worked with Megan when trying to purchase a home a couple of years ago. She was always very kind and professional at each listing we went to visit. She was prepared with documents and information for any questions that we might have had. I should be looking to move again soon, just need some more space, and I will be looking forward to working with her once again.
Rebecca M.
Nathan Cano is an amazing Realtor. He sold our house in four days! What a blessing in these uncertain real estate times. Nathan also started a Giving Back program that shares a portion of his proceeds to the Vancouver Community. In our case that was the Rett Syndrome Foundation. Our good friends have a daughter who has this rare disease. It attacks the neurological development of her brain rendering her silent and unable to take care of herself. Thank you Nathan for your big heart that shares yo…
Kim R.
This was my first time working with Bre and she did an amazing job! She communicated every step of the way and did a great job negotiating repair items! I highly recommend Bre for all of your real estate needs!
Larry W.
We had a great experience with Nathan’s team. We got exactly what we where asking for our home and they sold it in three days. After we sold our home we were trying to purchase a peace of property and they did a great job of negotiations with the seller. Unfortunately there was complications with the appraisal, so we had to find a different place. They stuck with us and helped us find a new lot and now we are in process of getting a home built. Thank you Cano team for a job well done.
Jody & Trisha B.