Portland Real Estate Market

The Portland real estate market is always changing. It takes a very busy real estate agent, top 1% in Portland, to keep a finger on its pulse.

Bookmark this page for monthly Portland real estate market updates, annual forecasts, Portland condo market updates, HOA reports, Portland population rates, local short sale and foreclosure updates, and more.

If you’re thinking of selling your home in the next twelve months, Stephen would love to tour your home. Call today to set an appointment.

Stephen FitzMaurice, Realtor
1.7% to Sell a Home
Cancel Anytime Policy
Licensed Since 2003
503-714-1111

If you’re considering buying a home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.

Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004
503-773-0000

Portland, Oregon Real Estate Market, February 2024 Report

The Portland housing market is currently balanced, with a significant drop in available home inventory and slow buyer traffic combined with a slight increase in prices. These conditions signify that homes are starting to sell again and the market is gaining strength as we draw closer to the Spring seller’s market. Right now opportunities exist […]

Are People Moving out of Portland? Population Growth 2024 Update

It’s that time of the year again when we look at the growing (or shrinking) population of Portland and how it reflects in the Portland real estate market. Ever since the notable upswing in the Oregon population from 2010 to 2020, with a 10.6% increase, Oregon has faced a rocky population climb. However, now that […]

Portland, Oregon Real Estate Market, January 2024 Report

Our local housing market is in a cold state with a high inventory of detached homes, slow but continuing price drops and the number of active buyers at its lowest point for the year. Pending sales have continued to decrease and inventory is beginning to drop, but at a slower pace than in recent winter […]

Portland, Oregon Radon Map – Plus Free Tests (for some).

Updated 08/2024. A perennial Oregon topic is how the influx of migrants from California is affecting life here. But it’s Montana and Idaho we should be worried about. And the migrants I’m referring to aren’t people; they are rocks. “In the Portland metropolitan area, a lot of the rocks and soil underneath the Willamette Valley […]

Portland, Oregon Real Estate Market, December 2023 Report

The Portland housing market is continuing to cool down with the winter season and prices are at their lowest point for the year. Buyer traffic is steadily dropping while detached home inventory remains high, negatively impacting the number of sales. These cooler market conditions will work to the advantage of motivated homebuyers before inventory drops […]

Tualatin, Oregon Real Estate Market Report with 2024 Forecast

Every month we provide an analysis of real estate conditions in one of Portland’s desirable suburbs to provide helpful insight for your buying and selling decisions. To learn more about our local housing market and discover the other suburbs we have covered, check out our Portland Suburb Real Estate Market Reports. If you’re interested in […]

Portland, Oregon Real Estate Market, November 2023 Report

The Portland housing market is currently marked by inventory saturation, reduced buyer traffic and diminishing sales. These conditions are working in favor of buyers by providing greater choice and more competitive pricing. With a likely drop in inventory over the next several weeks, these ideal conditions may not last long, though the market should continue […]

Portland, Oregon Real Estate Market, October 2023 Report

The market has turned to favor buyers as housing inventory increases while the number of pending sales continues to decrease. The corresponding decrease in prices resulting from high supply and a lack of demand are creating ideal buying conditions that will benefit buyers until inventory begins to drop again (likely) in October. Let’s take a […]

Portland Real Estate and the RMLS

Updated 10/2024. You hear us mention the RMLS on this blog when we cover the Portland Real Estate Market monthly and reference the RMLS Market Action report. But what is RMLS, and what can they do for you, a Portland area real estate buyer or seller? And how is RMLS different than an MLS? RMLS […]

Portland, Oregon Real Estate Market, September 2023 Report

Decreasing buyer activity and increasing inventory is leading to price drops, signaling the beginning of the end of the seasonal spring and summer seller’s market. Both trends will likely continue – leading to the favorable buying conditions of more available homes and less competition – throughout September, until inventory typically starts to drop again in October […]

Top 5 Portland, Oregon Zip Code Maps

Updated 07/2024. You may not think about zip codes when shopping for a home, but understanding how these numeric representations of cities, their neighborhoods, and their districts work helps you gain valuable information when deciding where to live. How do zip codes help us when shopping for a home? How do zip code maps help […]

Portland, Oregon Real Estate Market, August 2023 Report

June’s balanced market led to growing inventory and a decline in buyer activity in July, creating the conditions that will lead to a buyer’s market as soon as mid-August, but likely in September. A relatively reasonable rate of housing inventory and a decent amount of buyers means sellers can still enjoy the last lingering effects […]

HOA Fees up 30% since 2020 in Portland, Oregon

This is our fourth year calculating average HOA fees in Portland, Oregon. Last year we were surprised to report that HOA fees had jumped a whopping 20% in the city over a short two year period. It is no longer uncommon to see monthly HOA fees top $1,000 a month. These fees are not trivial […]

Top 10 Real Estate News Websites

Updated 09/2024. Finding timely and accurate real estate news can be surprisingly tricky, especially if you’re looking for local data specific to your property. Most major news sites (and we won’t name names) focus on sensational news like celebrity home sales and shocking statements about how the economy could impact the real estate market next. […]

Top 5 Portland Maps for Sustainability and Livability

Portland is a city that values sustainability. In fact, Portland emerged as the most sustainable city in the country in a recent list by ParkSleepFly, which ranked cities according to renewable energy use and air pollution, among other factors. It’s no secret that Portland has been on the forefront of urban movements to promote sustainability […]

Portland, Oregon Real Estate Market, July 2023 Report

After the seasonal selling peak in May, inventory continues to increase in June, leading to an increase of days on the market. We are currently experiencing a more balanced market, with slowing buyer activity, rising (but still low) inventory – conditions that can still benefit buyers and sellers. Looking ahead to July, we expect a continued […]

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What My Clients Are Saying

Stephen uses his broad knowledge of the market and his well-polished marketing skills to list houses at the maximum they can and will sell for. He is extremely adept at orchestrating all of the selling details and I look forward to doing business with him again.

Ben