📈 Portland Housing Market Report – January 2026

What Buyers and Sellers Should Know as the Market Reawakens

As we move into the first full month of 2026, the Portland housing market is transitioning out of its holiday slowdown and into a more active — but still selective — early-year phase. January typically sets the tone for the spring market, and this year is no exception: thoughtful buyers are back, sellers are repositioning, and pricing strategy matters more than ever.

The seasonal reset is underway.

• Active listings: Inventory remains lower than fall levels, but still healthier than this time last year, giving buyers more options than they’ve had in recent winters.
• Buyer activity: Showings are beginning to pick up as buyers return from the holidays and re-engage with serious intent.
• Price reductions: A significant share of listings entered January with adjusted pricing, reflecting a market that continues to reward accuracy over optimism.

What this means:

• 🏡 Buyers: Early January offers strong leverage before spring competition ramps up.
• 📉 Sellers: Homes priced correctly are getting attention; over-priced listings are being skipped.
• ⏳ Everyone: Momentum builds gradually — the first movers often benefit the most.

• Median Home Price: Holding steady around the mid-$530Ks, essentially flat year-over-year
• Average Price per Sq Ft: Low-$300s, varying by submarket and condition
• Average Days on Market: Approximately 55–65 days, reflecting winter selectivity and price sensitivity

Takeaway:
The Portland market remains stable and balanced. Well-presented, well-priced homes are selling. Properties that need updates or miss the mark on pricing are lingering longer and negotiating more.

🏙 Inner Portland (SE, NE, North)
Demand remains strongest for move-in-ready homes near walkable amenities, parks, and transit. Neighborhoods like Alberta, Sellwood, and Richmond continue to outperform when pricing and condition align.

🏡 Popular Suburbs (Beaverton, Tigard, Hillsboro)
These areas remain attractive for buyers prioritizing:

• Space and functionality
• Schools and community feel
• Proximity to major employers

Early-year buyers are actively positioning themselves ahead of the spring rush.

🏢 Condos & Townhomes
Still the most accessible entry point into the market. Areas such as St. Johns, South Waterfront, and Montavilla are seeing renewed interest, particularly from first-time buyers and downsizers.

For Sellers

• Pricing correctly from day one is critical.
• Presentation matters — staging, decluttering, and strong photography drive online engagement.
• Listing early in the year can reduce competition and attract serious, prepared buyers.

For Buyers

• January and February often provide the best negotiating window of the year.
• Homes on the market 45–75+ days may present meaningful opportunities.
• Strategic planning now positions you well before spring competition increases.

I’m Keenan Driscoll, Principal Broker, with nearly 20 years of experience guiding clients through Portland real estate cycles — hot, cold, and everything in between. I offer:

• Hyper-local market insight
• Strategic pricing and negotiation
• Professional-grade listing marketing
• Access to off-market and upcoming opportunities
• A trusted network of lenders, contractors, and vendors
• Clear, steady guidance from start to finish

Whether you’re planning a 2026 move, watching the market, or just want clarity on your options, I’m here as a resource.

If you’re thinking about buying, selling, or simply want to understand where the market is heading this year, let’s connect.

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

As we head into the final month of 2025, the Portland housing market is shifting into classic winter mode — slower, more deliberate, and still full of opportunities for the right buyers and sellers. Whether you're preparing to list in 2026 or exploring Portland homes for sale, here’s what the latest December Portland real estate data means for you.

Seasonal slowdowns are showing up, but inventory levels remain healthier than the ultra-tight markets of 2021–2023.

• Active listings: Down from November as expected, but still above 2024 levels, giving buyers more choice than they’ve had in years.
   
• Buyer activity: Showings have tapered, but serious buyers are still active, especially those targeting year-end moves.
   
• Price reductions: Nearly 46% of listings saw a price drop this month — a clear signal that well-priced homes are the ones selling.
   

🏡 Buyers: Less competition + more negotiating leverage = great conditions for deal-seekers.
📉 Sellers: Pricing accurately is essential — overpricing will send buyers to your competition.
⏳ Everyone: Decision timelines stretch during the holidays; expect slower but committed activity.

• Median Home Price: ~$538,000 (slightly down from November, essentially flat year-over-year)
   
• Average Price per Sq Ft: ~$312
   
• Average Days on Market: 60 days (winter slowdown + buyer selectivity)
   

The Portland housing market remains stable, not declining. Well-maintained and well-priced properties continue selling efficiently. Homes needing updates or priced too high are sitting longer and seeing more reductions.

Demand remains steady for move-in-ready homes close to restaurants, parks, and transit.
Homes in Alberta, Sellwood, and Richmond continue outperforming the metro average.

These markets stay strong thanks to:

• Larger homes
   
• Top school districts
   
• Tech-sector proximity
   

Many families are targeting these areas before the spring rush.

Still the most affordable entry point into Portland housing.
Hot spots include:

• St. Johns
   
• South Waterfront
   
• Montavilla
  Perfect for first-time buyers wanting low-maintenance living.
   

• Price right from the beginning — December buyers are highly motivated but comparison-driven.
   
• Stage, declutter, and invest in quality visuals to stand out online.
   
• If you list in December, you may face less competition and attract serious buyers avoiding the spring crowds.
   

• Winter is one of the best times of the year to negotiate.
   
• Target properties that have been listed 50–70+ days — many sellers are ready to deal before 2026.
   
• Consider locking in a rate now before early-2026 market shifts.
   

I’m Keenan Driscoll, Principal Broker, with nearly 20 years of experience navigating the Portland real estate market during every kind of cycle. I provide:

✅ Hyper-local market insights
✅ Strategic pricing & negotiation expertise
✅ Pro-level listing marketing
✅ Access to off-market & upcoming listings
✅ Trusted vendor network (lenders, contractors, stagers)
✅ Clear, steady guidance from start to finish

Whether you're exploring Portland homes for sale, planning a 2026 move, or curious about your home’s value, I’m here to help.

Ready to plan your next move — or simply want clarity on where the market is heading?

Let’s connect.

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

Real Estate Trends Buyers and Sellers Should Know Now

Whether you’re planning to buy, sell, or simply keeping an eye on the market, here’s what’s happening in Portland real estate this November—and what it means for you.

After a busy summer, inventory is tapering off heading into the holidays — but remains higher than in recent years.

• Active listings: Down slightly from October, yet still above 2024 levels, giving buyers more options than they’ve had in years.
   
• Buyer activity: Showing numbers remain solid for fall, suggesting motivated buyers are still in the market.
   
• Price reductions: Roughly half of active listings have seen a price adjustment, showing that realistic pricing is key.
   

What this means:
🏡 Buyers: There’s still selection and negotiating room — patience pays.
📉 Sellers: Competition is up; accurate pricing and standout presentation are critical.
⏳ Everyone: Expect slower decision timelines as buyers take time to compare options.

• Median Home Price: ~$540,000 — relatively flat month-to-month, and just slightly above last year.
   
• Average Price per Sq Ft: ~$313, down marginally from 2024’s ~$316.
   
• Average Days on Market: Around 56 days, up from earlier in the year.
   

Takeaway: Prices are stabilizing, not spiking. Homes in top condition and priced right continue to sell efficiently, while others linger longer.

• Suburbs like Beaverton, Tigard, and Hillsboro continue to attract buyers seeking space, schools, and amenities.
   
• Inner Portland neighborhoods remain resilient, with well-kept homes selling faster than the metro average.
   
• Condos and townhomes stay popular with buyers prioritizing affordability and low-maintenance living — especially in St. Johns, South Waterfront, and Montavilla.
   

• Price realistically from day one — avoid “testing the market.”
   
• Stage, declutter, and invest in pro photography to stand out.
   
• Expect longer market times unless your property is priced and presented perfectly.
   
• The earlier you list before the holidays, the more active buyers you’ll reach.
   

• Use current inventory to negotiate confidently.
   
• Target listings sitting 40–60+ days — sellers are often more flexible now.
   
• Consider locking in before potential rate or demand changes in early 2026.
   

I’m Keenan Driscoll, Principal Broker with nearly two decades of experience helping Portland buyers and sellers make smart moves in all market conditions. I provide:

✅ Neighborhood-specific pricing strategies
✅ Custom listing marketing with real impact
✅ Access to pre-market and private listings
✅ Trusted lender, stager, and contractor referrals
✅ Clear, strategic guidance from search to closing table

Whether you're buying, selling, or just planning ahead, I’d love to help you navigate with confidence and clarity. Let’s connect.

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

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

After a sharp rise through summer, active listings are now up 28% year-over-year—slightly down from September’s 32% growth, but still offering buyers more selection than they’ve seen in years.

• 🏡 Buyers: Still have options, but choice may tighten going into the holidays
   
• 📉 Sellers: Need to stay sharp on price and standout presentation
   
• ⏳ Less urgency = longer decision timelines for buyers
   

Prices dipped another 0.5% from September and are up just 1.2% year-over-year—showing signs of flattening.

• Suburbs are softening slightly
   
• Inner Portland remains more stable
   
• Well-priced homes still move quickly
   

Time on market has stretched further, averaging nearly two full months. What this means:

• ⌛ Buyers can take their time—but good homes still sell fast
   
• 🛠️ Sellers should focus on staging, curb appeal, and pro photography
   

Now, 36% of homes sold in September had a price cut before going pending (up from 35% in August). This reinforces:

• ⚠️ Overpricing = reduced buyer interest
   
• 💡 Strategic pricing = faster and more competitive offers
   

These areas are holding strong buyer interest:

• Beaverton – Strong schools, parks, and access
   
• Tigard – Urban-suburban blend, walkable town center
   
• Hillsboro – Intel and tech-fueled demand
   
• Milwaukie – Affordable charm and MAX access
   
• Oregon City – Historic homes and space to grow
   

Affordability concerns continue driving buyers to attached housing in:

• Inner SE
   
• St. Johns & North Portland
   
• Bethany
   
• South Waterfront
   
• Montavilla
   

Target listings that have lingered 40+ days.
Sellers may be more flexible on price, concessions, or repairs as holidays approach.

• Don’t “test the market” — price realistically from day one
   
• Expect longer timelines unless your home is dialed-in
   
• October is the final strong window before holiday slowdowns
   

• Use the increased inventory to negotiate more confidently
   
• Focus on motivated sellers for better deals
   
• Take action before interest rates or competition rebound in early 2026
   

I’m Keenan Driscoll, Principal Broker with nearly two decades of experience helping Portland buyers and sellers make smart moves in all market conditions. I provide:

✅ Neighborhood-specific pricing strategies
✅ Custom listing marketing with real impact
✅ Access to pre-market and private listings
✅ Trusted lender, stager, and contractor referrals
✅ Clear, strategic guidance from search to closing table

Whether you're buying, selling, or just planning ahead, I’d love to help you navigate with confidence and clarity. Let’s connect.

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

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

Active listings are now up 32% year-over-year, continuing the steady rise we saw through summer. Buyers are enjoying the most choice they've had since 2021.

• More inventory = more leverage for buyers
   
• Less urgency = longer time to compare options
   
• Sellers must be sharp with pricing and presentation
   

Prices dipped slightly again this month (-0.5% from August), but remain up 1.7% year-over-year. Some suburban areas are seeing minor softening, while Portland’s central neighborhoods continue to show relative price stability.

The average home now takes almost two full months to sell. That slower pace signals:

• Buyers have breathing room
   
• Sellers must invest in staging, curb appeal, and digital marketing
   

Now 35% of homes that sold in August had at least one price cut before going pending. This highlights a key truth:

⚠️ Overpricing = missed momentum.
💡 Pricing right = faster, stronger offers.
 

Still hot and holding buyer interest:

• Beaverton – Top schools + strong appreciation
   
• Tigard – Vibrant downtown, new construction, walkability
   
• Hillsboro – Tech-driven demand, better value
   
• Milwaukie – Urban feel with suburban charm
   
• Oregon City – Family-friendly space, historic core
   

Entry-level buyers are increasingly turning to attached housing for value and location. Expect steady demand in:

• Inner Southeast
   
• North Portland
   
• South Waterfront
   
• Bethany
   

Look at listings that have sat for 30–45 days.
These sellers are likely open to negotiation—especially on repairs or closing costs.

• Price realistically from the start—don’t “test the market”
   
• Expect longer time on market unless your home stands out
   
• September is a prime time to relist before fall slows activity further
   

• Inventory = leverage. Use it to negotiate strategically
   
• Be decisive with well-priced homes—they still move quickly
   
• Take advantage of pre-winter slowdown before rates or demand shift
   

I’m Keenan Driscoll, Principal Broker with boots-on-the-ground insight and almost two decades of experience navigating Portland’s market cycles. I provide:

• Neighborhood-specific pricing advice
   
• Custom marketing strategies for every listing
   
• Access to private listings & early opportunities
   
• Trusted lender and contractor referrals
   
• Steady, smart guidance from search to close 

Whether you're buying, selling, or just planning ahead, I’m here to help you navigate with clarity, strategy, and care.

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

📈 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.

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
   

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.

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.

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.

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
   

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

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.

• 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
   

• 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
   

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
   

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 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.

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
   

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.

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

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

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.

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

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

• 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
   

• 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
   

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
   

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.

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
   

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

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

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.

Demand remains strong in:

• Beaverton
   
• Tigard
   
• Hillsboro
   
• Oregon City
   

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

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

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

• 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
   

• 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
   

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
   

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