School’s out, the days are long, and Portland is alive with BBQs, trail hikes, bike rides, swims, and all the outdoor fun we wait for all year. And just like that, the real estate market is heating up too.
So, what’s going on out there?
Despite higher-than-hoped-for interest rates lingering into summer, buyers remain active and motivated. Inventory is still limited, which means well-priced homes – especially in Portland’s most desirable neighborhoods – are getting attention quickly.
It’s a competitive market, but not a frenzied one. That means opportunity exists for both buyers and sellers – especially when guided by the right strategy.
Key Market Highlights:
- Homes took an average of 39 days to sell in May 2025 (up from 30 days in May 2024).
- Inventory is starting to rise—a typical sign of softening prices.
- Still, the average sale-to-list price is 101%, meaning most homes are selling at or slightly above asking.
This tells us we’re in a dynamic, hyper-local market, where every neighborhood – and every home – has its own story. That’s why smart pricing, market insight, and timing matter more than ever.
If you’re thinking about making a move – or just curious about how the current market might affect your plans – I’d love to talk. As always, I’m here to help you (or anyone you know) navigate this evolving landscape with confidence.
Here’s to a summer full of sunshine, connection, and fresh possibilities!
