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 Real Estate Condo Market, 2022

Recent history. The Portland condo market took an absolute beating in 2020 after slowing down for years prior to the start of the pandemic. While the single family real estate market in Portland started booming by fall 2020 and hasn’t stopped skyrocketing (until very, very recently), the condo market in 2021 saw modest gains and […]

Portland Real Estate Market Update, June 2022

We’ve all been waiting and wondering what it will take to shift the real estate market in Portland after two years of an unprecedented sellers market. Prices have continued to rise at record rates with inventory remaining low. While it is obvious this state of affairs isn’t sustainable, when the shift would happen and what […]

Portland Real Estate Market, May 2022 Report – A Wild Ride

We live in interesting times. The Portland real estate market was scorching hot in the first quart of 2022 with no end in sight for skyrocketing home prices and crazy bidding wars. But mortgage interest rates are rising incredibly fast and in April we started to see the first slowdowns in the market. (Typically April […]

Top 5 Real Estate Market News Stories of 2022 so Far

We keep track of what’s going on in the world of real estate, both near and far. We wanted to see how it all looks now that we’re about to move into the second quarter of the year. We get that times are strange in real estate right now, but it’s a great time to […]

Portland Housing Affordability Rate, 2022 Report

We recently wrote about Oregon’s growing population, with many of its migrants being Californians looking for more affordable housing. While this may come as a surprise to Portlanders who have faced increasing rents and home prices, Portland is still more affordable than many west coast cities. But what about those who have lived in the […]

5 Essential Portland Neighborhood Maps

Updated 11/2024 Maps have existed for thousands of years to help people get where they’re going and educate them on geographies and terrains. While we’re long past the practice of plotting maps on clay tablets and parchment, we still rely on them daily. If you’re considering moving to Portland or a new neighborhood in the […]

Portland Real Estate Market Report – March 2022

As we move into the spring Portland real estate market, we’re looking at the numbers to see what’s happening. Last month, we reported that experts are predicting a “brutal” spring market, and from what we’re seeing, they’re right. As always, we look to RMLS and Fidelity National Title for our data, and we’re reporting what […]

How Many Californians are Moving to Portland? – 2022 Report

Californians have been migrating north to Oregon for years, and despite the pandemic, the past couple of years have been no different. While COVID did slow both in- and out-migration in early 2020, some population growth returned in 2021, according to the Portland State University Population Research Center (PRC). This isn’t to say that Oregon […]

Portland Real Estate Market Update – February 2022

Not that we’re into the second month of 2022, we’re taking a look at the real estate market in Portland to see how stacks up against the past year, 2021, and month, Dec. to Jan. 2022, and what it might mean moving forward. Fortune predicts that the upcoming national spring market will be “brutal,” compared […]

Portland Real Estate Market Home Prices – 2022 Report

As we enter spring 2022, we thought we’d take stock of Portland real estate market prices to see where things stand and maybe get a clue about what they might mean for the market moving forward. We took a look at each quadrant of the city and checked the last monthly average sales prices, year-to-date […]

Portland Real Estate Market Update – January 2022

As we move into a new year, we’re looking at real estate trends in Portland to see where we stand and where we might be headed. Let’s take a look and see what’s happening right now. Is it a Buyer’s or a Seller’s Real Estate Market in Portland? Anyone who watches real estate market trends […]

Abandoned Homes in Portland: How to Report or Buy Them

Update 04/2024 One of the best parts of being a Portland real estate agent is seeing solid homes go to new excited home owners. It can be frustrating to drive through town and see so many abandoned homes with no one living in them, maintaining them, and enjoying them. But every city has abandoned homes. […]

Portland Real Estate Market Forecast 2022

We looked for anyone forecasting a decline in home prices in 2022 nationally or locally and couldn’t find a single reputable source. The lowest forecast for the nations real estate market in 2022, is Realtor.com’s 2.9% increase prediction. Summer 2022 Market Forecast Update. Since writing this forecast at the beginning of the year, the aggressive […]

Portland Real Estate Bubble – Housing Crash 2022

Ever since COVID hit the U.S. economy and real estate market has been acting strange. Confusion and concern often lead the way. But despite the ups and downs over the last couple of years, the real estate market has continued to maintain strong demand as inventory has remained low (even historically so) and prices have […]

Portland Real Estate Market Report December 2021

The Portland real estate market typically experiences a cooling down in winter every year, and so it has been true in 2021. But exceptionally low inventory is keeping the winter Portland 2021 real estate market, at least slightly, in the seller’s favor. December’s Portland Real Estate Market 2021 Today’s Portland real estate market is defined […]

Top 7 Real Estate News Stories of 2021

COVID-19 has, without a doubt, impacted the real estate market from decreases in interest rates and inventory to increases in zoom towns and home prices. While we are still not out of the woods with the pandemic’s influence on the market, we’ve been watching to see how it’s all unfolding. We’ve consulted some of the […]

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