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Market Update: What We're Grateful For in Real Estate,Kat Granum

Market Update: What We're Grateful For in Real Estate

After a busy summer, the Portland market is shifting into its fall rhythm. New listings fell 21%, while time on market rose to 68 days. Pending sales dipped slightly (–2%), but closed sales increased 6.5%, showing that serious buyers are still out there. The average sale price climbed to $628,100, w
Market Update,Kat Granum

Market Update

Market Update: Have We Hit the Bottom?   It’s been an interesting season in real estate! Across the country, and right here in the Portland area, the number of homes selling has slowed to levels we haven’t seen since 2008–2009. But before you worry, this time is very different. Back then, it was a l
Portland Metro Market Update - August 2025,Kat Granum

Portland Metro Market Update - August 2025

The numbers are in from RMLS, and here’s what’s happening in the Portland housing market as of August: Inventory: 3.5 months. That’s up compared to last year, but slightly down from July—indicating a market that’s balancing. Active Listings: 7,018, which is 20% higher than last year. Buyers have mor
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