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Real Estate Market in Portland Oregon


📈 Portland Housing Market Report – August 2025
Real Estate Trends Buyers and Sellers Should Know Now


Whether you're planning a move or just watching the market, here’s what’s happening in Portland real estate this August—and what it means for you.


📊 Inventory Keeps Rising

Active listings are up 29% year-over-year, continuing July’s upward trend. Buyers have more choices than they’ve had in over two years.

  • More selection = less urgency for buyers
     
  • Negotiation power is shifting toward buyers
     
  • Sellers need to price smartly and prep listings carefully
     

💵 Median Home Price: $512,800

Down slightly from July (-0.3%) but still up 2.1% year-over-year. Portland’s core neighborhoods are holding value well, but price sensitivity is growing.


⏱️ Average Days on Market: 52 Days

Homes are now taking nearly two months to sell on average. This slower pace gives buyers time to compare—and gives sellers a clear signal: presentation and pricing matter more than ever.


📉 Price Reductions on the Rise

31% of homes sold last month had a price drop before going under contract. Overpricing is risky in this climate—realistic, data-driven pricing is essential.


📍 Most In-Demand Portland Suburbs – August 2025

These areas are leading buyer interest again this month:

  • Beaverton – schools, tech jobs, strong resale value
     
  • Tigard – new development + dining/walkability
     
  • Hillsboro – affordability & Intel-driven demand
     
  • Milwaukie – close-in charm, MAX access, mid-range prices
     
  • Oregon City – more space, outdoor lifestyle
     

🏘️ Condos & Townhomes Still Gaining Ground

With single-family homes holding steady in price, attached homes are increasingly attractive for their affordability, lower maintenance, and urban locations.


✅ August Buyer Tip: Target Listings 30+ Days Old

Homes that have sat on the market for over a month often come with negotiation flexibility. Sellers are more willing to deal, especially if they’ve already reduced the price.


🧭 What This Market Means for You


📌 For Portland Sellers:

  • Price competitively from day one
     
  • Homes still sell—but only if they show well and are marketed right
     
  • If you paused earlier this year, August is a good time to relist smartly
     

📌 For Portland Buyers:

  • Inventory gives you more power—use it
     
  • You may be able to negotiate repairs, price, or closing costs
     
  • Lock in a home before mortgage rates or seasonal competition shift in fall
     

🧠 Why Work With a Local Portland Real Estate Expert?


I’m Keenan Driscoll, Principal Broker with deep experience in Portland’s evolving market. I guide clients with:

  • Hyper-local insight on neighborhoods, pricing, and schools
     
  • Strategic marketing & expert-level negotiation
     
  • Access to off-market and coming-soon listings
     
  • End-to-end support—financing, inspections, repairs, closing
     

📞 Let’s Talk About Your Next Move

Whether you’re ready to buy, sell, or just want to discuss your options—I’m here to help you navigate Portland’s market with clarity and confidence.


Keenan Driscoll | Principal Broker
📱 503-706-9126
📧 keenan@yourrealtorinpdx.com

🌐 keenandriscollrealty.com 




📈 Portland Housing Market Report – July 2025


Portland Real Estate Trends Buyers and Sellers Should Know Now

Curious about what’s happening in the Portland housing market this July 2025? Whether you're buying, selling, or watching the market, here’s the latest data—and what it means for your next move in the Portland real estate market.


📊 Active Listings Continue to Climb

Inventory is up 32% year over year, giving homebuyers in Portland more options than we've seen in recent summers.

  • More selection = less competition
     
  • Buyers have room to negotiate
     
  • Sellers must price strategically to stand out
     

💵 Portland Median Home Price: $514,300


Home prices rose slightly from June, up 0.45% month-over-month and 2.3% year-over-year. This reflects steady demand and value retention—especially in Portland’s most desirable neighborhoods.


⏱️ Average Days on Market: 49

Homes are taking about 7 weeks to sell on average, giving buyers time to compare listings and make more informed offers.


📉 Price Drops Still Common

More than 28% of listings had a price reduction before selling—evidence that buyers are being selective and that sellers must stay realistic.


📍 Top Searched Portland Suburbs – July 2025

These suburbs continue to attract the most buyer interest:

  • Beaverton – top schools + tech employment
     
  • Tigard – walkability and new development
     
  • Hillsboro – affordability + Intel proximity
     
  • Oregon City – charm, space, and value
     

These areas are hotspots for Portland homebuyers in July 2025.


🏘️ Condo & Townhome Demand Rising

With single-family home prices holding firm, more buyers are turning to condos and townhomes in Portland for affordability, urban access, and lower maintenance.


✅ Buyer Tip for July: Look for Value-Adds

Updated, move-in-ready homes remain competitive—but homes that need light cosmetic work may offer serious value and negotiation leverage right now.


🧭 What the July 2025 Market Means for You

📌 For Portland Sellers:

  • Homes are still selling—but you must price right
     
  • Professional listing presentation is non-negotiable
     
  • If your home didn’t sell this spring, now is the time to relaunch strategically
     

📌 For Portland Buyers:

  • More listings = more control and better deals
     
  • Don’t be afraid to negotiate—especially on homes sitting 30+ days
     
  • Lock in a home before interest rates or prices shift upward
     

🧠 Why Work With a Local Portland Real Estate Expert?

I’m Keenan Driscoll, Principal Broker and trusted advisor in Portland’s real estate market. I help buyers and sellers navigate every step of the process with:

  • Deep knowledge of Portland’s neighborhoods and schools
     
  • Exclusive access to off-market and coming-soon listings
     
  • Strategic pricing and marketing for fast, top-dollar sales
     
  • Trusted partners: lenders, inspectors, contractors
     
  • Concierge-level service—from consult to close
     

📞 Let’s Talk About Your Goals

Ready to make a move or need a strategy check-in?

Keenan Driscoll | Principal Broker
Licensed Real Estate Professional | Portland, Oregon
📱 503-706-9126
📧 keenan@yourrealtorinpdx.com

🌐 keenandriscollrealty.com


📈 Portland Housing Market Report – June 2025


What Buyers and Sellers Need to Know Now

Are you watching the Portland housing market this summer? Whether you're preparing to buy, sell, or just staying informed, here’s your in-depth look at what’s happening in the Portland real estate market in June 2025—and what it means for you.


📊 Inventory Up 29% Year Over Year

More homes are hitting the market, giving buyers more choices and putting pressure on sellers to price strategically. This means:

  • Less competition for buyers
     
  • More pricing flexibility
     
  • Better opportunities to negotiate and plan
     

💵 Median Home Price: $512,000

Home values are up a steady 2.1% YoY, reflecting healthy, sustainable growth. Prices are stable, and well-presented homes are still selling competitively.


⏱️ Average Days on Market: 47

Listings are sitting just a bit longer, giving buyers more time to evaluate options—especially important in a higher-inventory market.


📉 Sellers Adjusting Prices

We’re seeing more price reductions than this time last year—a clear sign sellers are aligning expectations with today’s more discerning buyer pool.


📍 Most Searched Portland Suburbs

Demand remains strong in:

  • Beaverton
     
  • Tigard
     
  • Hillsboro
     
  • Oregon City
     

These areas offer space, schools, and affordability—key draws for families and first-time buyers.


🏘️ Townhomes & Condos on the Rise

With single-family home prices holding firm, buyers are turning to attached housing as an affordable option with convenient locations and lower maintenance.


✅ Buyer Pro Tip: Focus on Move-In Ready Homes

Updated, move-in ready homes with strong marketing continue to attract competitive offers—don’t overlook their value and long-term ROI.


🧭 What This Market Means for You


📌 For Sellers:

  • Homes are still selling—but strategy is everything
     
  • Smart pricing is key to standing out in a growing inventory pool
     
  • Professional presentation (staging, photos, video) makes a big difference
     
  • If your listing expired, a strategic relaunch can get results
     

📌 For Buyers:

  • More listings = more negotiating power
     
  • Longer days on market = less urgency and better decision-making
     
  • Now is a great time to secure a home before potential market acceleration
     

🧠 Why Work With Me?


I'm Keenan Driscoll, Principal Broker and licensed Portland real estate expert. Whether you're buying your first home or selling an expired listing, I offer:

  • In-depth knowledge of Portland’s neighborhoods and school zones
     
  • Custom searches and early access to off-market properties
     
  • Strategic pricing and marketing that actually works
     
  • Trusted lenders, inspectors, and contractors
     
  • End-to-end guidance—from consultation to closing
     

📞 Let’s Connect

Keenan Driscoll | Principal Broker
Licensed Real Estate Professional | Portland, Oregon
📱 503-706-9126
📧 keenan@yourrealtorinpdx.com


Copyright © 2023 Keenan Driscoll Realty llc  - All Rights Reserved.

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