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
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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
Lake Oswego, Oregon Real Estate Market, 2023 Update
Each month we highlight the real estate market of one of Portland’s many desirable suburbs in our Portland Suburb Real Estate Market Reports. This month we will take a look at the desirable Lake Oswego, which lies 8 miles south of Portland in an area known for its natural beauty, thanks to its namesake, Lake Oswego, which […]
Portland Real Estate Market, April 2023 Report
As we move into April 2023 after a period of market stabilization, we can anticipate that the Portland housing market will start to warm up as more new homes are listed and buyers become more active. Inventory has been declining since the start of the year and home sales have been rising to meet the […]
Are People Moving Out of Portland? A Population Update for 2023
To read our latest population reports, beyond 2023, go here to read the latest report. What is happening in Portland these days in terms of population growth? After the massive surge in Oregon’s population over the decade from 2010-2020, with growth of 10.6% leading up to the disruption of the pandemic, what factors have affected […]
Newberg, Oregon Real Estate Market, 2023 Update
We like to stay informed on the real estate market activity in Portland’s suburbs and share our findings with you in our Portland Suburb Real Estate Market Reports. In this article we bring our focus to the suburb of Newberg, which lies 24 miles southwest of Portland and offers an appealing rural lifestyle with easy access to the city’s […]
Portland Real Estate Market – 15 Years After the Crash
It has now been 15 years since the U.S. housing bubble burst in 2008, and the recession that followed was an unexpected windfall that took the Portland housing market many years to recover from. Ten years later economists were claiming that the economy had rebounded – just as the housing market began to cool down […]
East Vs. West Home Price Battle. Which Portland Half Sells for More?
Before you answer, the west side obviously, I’m going to run a little more nuanced experiment. The east side of Portland is a lot bigger and stretches out a lot further away from the downtown city center, while the west side is geographically smaller and closer in to downtown. The highest-priced east side neighborhoods like […]
Portland Real Estate Market, March 2023 Report
As we enter March 2023, the real estate market in Portland, Oregon is continuing to stabilize after a difficult fall season for sellers, when inventory far exceeded the number of available buyers – who were dropping out due to the pressure of high mortgage rates. Inventory is on the decline and home sales are starting […]
Year in Review. Top 10 Real Estate News Stories in 2022
As we move further from the unforeseen ways the world was reshaped in 2020, notably the real estate market, there have been lasting impacts, such as in the way we list and sell homes, and many other ripple effects as the market adjusts. 2022 was yet another historic year in the real estate market, with […]
Portland Real Estate Market, February 2023
As we head into February 2023, we’re seeing the stabilization of a falling real estate market in Portland, Oregon. Fall 2022 was brutal for home sellers as inventory far exceeded the number of available buyers (due to so many dropping out with the higher rates). As we moved to the end of 2022, there were […]
Portland Real Estate Market, January 2023
As we enter the new year, the most significant trend we’re seeing in the Portland real estate market is a marked slowdown in both home buying and new listings for sale. This is expected at this time of year when potential buyers and sellers are channeling their energy into holiday preparations and moving plans are […]
Portland, Oregon Property Taxes Among Highest in U.S. – Rising Again in 2023
In November 2022, Portland voters chose to renew a handful of property tax-supported measures that will benefit schools, protect natural areas and enhance emergency fire services. Voters also approved two new bonds that will be financed by property taxes. These recently passed measures, in addition to Portland’s tax structure for properties, will lead to higher […]
Portland Real Estate Bubble – Housing Crash 2023
I’ve been selling in the Portland real estate market since 2003, and writing about it since 2008. Each year I write an article like this one, to gauge the level of likelihood of an upcoming Portland real estate market crash. The Portland real estate market, did bubble up in the past, and crashed in 2008-2011 […]
Portland Real Estate Market, December 2022
The big story for the Portland real estate market as we approach December 2022 is the lack of sales due to home buyers pulling back. While that is the headline, we will get into all the statistics behind the drop in sales here. Inventory is High, But Finally Dropping Now inventory isn’t falling as fast […]
Portland Foreclosure Market and 2023 Forecast
I started selling homes in 2003 when the Portland real estate market was starting to get hot. I sold foreclosures and short sales after the 2008 crash until they statistically disappeared by 2016. The amount of available foreclosure and short sale homes for sale dropped to less than 1% in Portland, Oregon in 2019 and […]
Portland Real Estate Market Update, November 2022
In recent updates, we’ve reported that Portland’s real estate market has shifted from the hot seller’s market we’ve been navigating for the past two+ years into buyer’s market territory. Inventory has climbed and prices are starting to drop. While it is normal for fall to be a better season for home buyers and spring to […]
Portland Real Estate Condo Market 2023 Forecast
Buying a condo in Portland means prioritizing a special list of considerations. Delving into the condo lifestyle also means more affordability and more freedom to spend your time the way you want—for example, no yard upkeep or high-cost maintenance and repairs. HOA Costs for Portland Condos are Up in a Big Way It is not […]
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