Portland Metro Market Update – August 2026
New listings (2,440) decreased 1.5% from the 2,476 listed in August 2025, and decreased18.8% from the 3,004 listed in July 2026. Pending sales (2,013) decreased 11.5% from the 2,275 offers accepted in August 2025 and decreased 5.6% from the 2,133 offers accepted in July 2026. Closed sales (1,902) decreased 5.9% from the 2,021 closings in August 2025, and decreased 12.2% from the2,167 closings in July 2026.Â
Inventory increased to 3.8 months in August. That means if no new homes were to come onto the market, that it would take 3.8 months to sell at the rate at which they are selling. Total market time increased to 57 days.
Comparing the first eight months of 2026 to the same period in 2025, new listings (22,829) increased 0.5%, pending sales (16,133) increased 2.2%, and closed sales (15,151) increased 3.3%.
Comparing 2026 to 2025 through August, the average sale price has increased 0.1% from $616,200 to $616,900.
If you or someone you care about are considering a change or simply want a clearer picture of your neighborhood’s market, I’m here to help you navigate each step with clarity and confidence.Â
From modest beginnings to exceptional estates, it would be my privilege to guide your next purchase or sale with care, expertise, and unwavering attention to detail.
