Portland Real Estate Market
The Portland real estate market is always changing. It takes a very busy real estate agent, top 1% in Portland, to keep a finger on its pulse.
Bookmark this page for monthly Portland real estate market updates, annual forecasts, Portland condo market updates, HOA reports, Portland population rates, local short sale and foreclosure updates, and more.
If you’re thinking of selling your home in the next twelve months, Stephen would love to tour your home. Call today to set an appointment.
Stephen FitzMaurice, Realtor
1.7% to Sell a Home
Cancel Anytime Policy
Licensed Since 2003
503-714-1111
If you’re considering buying a home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.
Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004
503-773-0000
Portland, Oregon Real Estate Market, June 2023 Report
The spring housing market likely hit its final peak in May as buyer traffic grew and inventory remained low. June will likely be a slightly slower month than May as inventory starts to climb. So far this year is staying within normal season cycles where the spring is the best time to sell and the […]
In 2023 so far, 19.92% of homes sold for cash.
Local Real Estate Market Research Licensed since 2003, I’ve had to handle a lot of my client’s questions along the way. My small team is approaching 3,000 local home sales. So you can multiply that number by say a dozen and get a rough idea of the number of questions coming my way. One of […]
Portland Downton Condos VS. Rest of Condos in the Metro, 2023 Report
Condos can be a great lifestyle choice for a home buyer that doesn’t have time or patience for routine home and yard maintenance issues. It can also be a great choice for a home buyer looking to purchase a second home, vacation property, or for someone who travels a lot and needs a low-maintenance homebased […]
Portland Real Estate Market, May 2023 Report
While spring warms the earth around us and nature responds with new growth, the housing market is also warming up with activity. Buyers and sellers are more motivated, and inventory is currently increasing as selling conditions become more desirable with a steady stream of new homebuyers entering the market. Housing Inventory and Buyer Traffic is […]
Lake Oswego, Oregon Real Estate Market, 2023 Update
Each month we highlight the real estate market of one of Portland’s many desirable suburbs in our Portland Suburb Real Estate Market Reports. This month we will take a look at the desirable Lake Oswego, which lies 8 miles south of Portland in an area known for its natural beauty, thanks to its namesake, Lake Oswego, which […]
Portland Real Estate Market, April 2023 Report
As we move into April 2023 after a period of market stabilization, we can anticipate that the Portland housing market will start to warm up as more new homes are listed and buyers become more active. Inventory has been declining since the start of the year and home sales have been rising to meet the […]
Are People Moving Out of Portland? A Population Update for 2023
To read our latest population reports, beyond 2023, go here to read the latest report. What is happening in Portland these days in terms of population growth? After the massive surge in Oregon’s population over the decade from 2010-2020, with growth of 10.6% leading up to the disruption of the pandemic, what factors have affected […]
Newberg, Oregon Real Estate Market, 2023 Update
We like to stay informed on the real estate market activity in Portland’s suburbs and share our findings with you in our Portland Suburb Real Estate Market Reports. In this article we bring our focus to the suburb of Newberg, which lies 24 miles southwest of Portland and offers an appealing rural lifestyle with easy access to the city’s […]
Portland Real Estate Market – 15 Years After the Crash
It has now been 15 years since the U.S. housing bubble burst in 2008, and the recession that followed was an unexpected windfall that took the Portland housing market many years to recover from. Ten years later economists were claiming that the economy had rebounded – just as the housing market began to cool down […]
East Vs. West Home Price Battle. Which Portland Half Sells for More?
Before you answer, the west side obviously, I’m going to run a little more nuanced experiment. The east side of Portland is a lot bigger and stretches out a lot further away from the downtown city center, while the west side is geographically smaller and closer in to downtown. The highest-priced east side neighborhoods like […]
Portland Real Estate Market, March 2023 Report
As we enter March 2023, the real estate market in Portland, Oregon is continuing to stabilize after a difficult fall season for sellers, when inventory far exceeded the number of available buyers – who were dropping out due to the pressure of high mortgage rates. Inventory is on the decline and home sales are starting […]
Year in Review. Top 10 Real Estate News Stories in 2022
As we move further from the unforeseen ways the world was reshaped in 2020, notably the real estate market, there have been lasting impacts, such as in the way we list and sell homes, and many other ripple effects as the market adjusts. 2022 was yet another historic year in the real estate market, with […]
Portland Real Estate Market, February 2023
As we head into February 2023, we’re seeing the stabilization of a falling real estate market in Portland, Oregon. Fall 2022 was brutal for home sellers as inventory far exceeded the number of available buyers (due to so many dropping out with the higher rates). As we moved to the end of 2022, there were […]
Portland Real Estate Market, January 2023
As we enter the new year, the most significant trend we’re seeing in the Portland real estate market is a marked slowdown in both home buying and new listings for sale. This is expected at this time of year when potential buyers and sellers are channeling their energy into holiday preparations and moving plans are […]
Portland, Oregon Property Taxes Among Highest in U.S. – Rising Again in 2023
In November 2022, Portland voters chose to renew a handful of property tax-supported measures that will benefit schools, protect natural areas and enhance emergency fire services. Voters also approved two new bonds that will be financed by property taxes. These recently passed measures, in addition to Portland’s tax structure for properties, will lead to higher […]
Portland Real Estate Bubble – Housing Crash 2023
I’ve been selling in the Portland real estate market since 2003, and writing about it since 2008. Each year I write an article like this one, to gauge the level of likelihood of an upcoming Portland real estate market crash. The Portland real estate market, did bubble up in the past, and crashed in 2008-2011 […]
When my wife and I decided to sell our home we started to search for agents who work for less than the 6% standard commission. Slightly skeptical, I decided to call Stephen for a consultation. Stephen came very prepared with comp sales, marketing techniques, and several other items pertaining to the sale I never would have considered. We sold in six days.
Denny
