Portland Metro Market Update – December, 2025
New listings (1,005) decreased 5.9% from the 1,068 listed in December 2024, and decreased 30.1% from the 1,437 listed in November 2025. Pending sales (1,234) decreased 6.9% from the 1,326 offers accepted in December 2024, and decreased 24.2% from the 1,628 offers accepted in November 2025. Closed sales (1,633) increased 6.5% from the 1,534 closings in December 2024, and increased 7.4% from the 1,520 closings in November 2025.
Inventory decreased to 2.9 months in December. That means if no new homes were to come onto the market, that it would take 2.9 months to sell at the rate at which they are selling. Total market time increased to 81 days.
Comparing the twelve months of 2025 to the same period in 2024, new listings (30,316) increased 2.5%, pending sales (22,120) increased 0.7%, and closed sales (22,023) increased 1.4%.
Comparing 2025 to 2024 through December, the average sale price has increased 0.6% from $608,600 to $612,100.
If you or someone you know is considering a move or would like specific insights about your local neighborhood market, feel free to reach out anytime. I’m here to help you and your loved ones plan your next steps and navigate real estate with confidence!
From the humblest homes to the finest estates, I would be honored to assist you with your next purchase or sale.
