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

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 […]

Top 5 Real Estate News Stories of 2023 so far.

It’s been a riveting year in the Real Estate industry as we approach the end of the first half of the year. Global trends and local nuances intertwine to shape a narrative that’s as complex as it is fascinating. We will explore the top five real estate news stories 2023, each bearing significant implications for […]

Portland, Oregon Real Estate Market, June 2023 Report

The spring housing market likely hit its final peak in May as buyer traffic grew and inventory remained low. June will likely be a slightly slower month than May as inventory starts to climb. So far this year is staying within normal season cycles where the spring is the best time to sell and the […]

In 2023 so far, 19.92% of homes sold for cash.

Local Real Estate Market Research Licensed since 2003, I’ve had to handle a lot of my client’s questions along the way. My small team is approaching 3,000 local home sales. So you can multiply that number by say a dozen and get a rough idea of the number of questions coming my way. One of […]

Portland Downton Condos VS. Rest of Condos in the Metro, 2023 Report

Condos can be a great lifestyle choice for a home buyer that doesn’t have time or patience for routine home and yard maintenance issues. It can also be a great choice for a home buyer looking to purchase a second home, vacation property, or for someone who travels a lot and needs a low-maintenance homebased […]

Portland Real Estate Market, May 2023 Report

While spring warms the earth around us and nature responds with new growth, the housing market is also warming up with activity. Buyers and sellers are more motivated, and inventory is currently increasing as selling conditions become more desirable with a steady stream of new homebuyers entering the market. Housing Inventory and Buyer Traffic is […]

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What My Clients Are Saying

I am so grateful for my choice in Stephen. Being able to have total confidence in him made the experience of selling my house stress free. He is friendly, focused, professional, and to the point. Best Realtor I have ever used, period.

Amy