August 16, 2026 Market Snapshot: Single-family homes moving faster, condos offering more choices

Greater Portland’s single-family market is relatively tight overall: 2.7 months of inventory for the metro and about 43 average days on market for sold homes. That mix typically means homes that are priced and presented well will move more quickly than the market average.

Condos are behaving differently across the region. The metro condominium inventory sits near 7 months, with average days on market around 88. In several neighborhoods condo supply and marketing time are substantially higher than for detached homes, which gives condo buyers more options and time to make decisions.

📊 Portland Metro Market at a Glance

Single-Family Homes

Inventory: 2.7 months
Active listings: 6,067
Pending listings: 2,287
Pending-to-active ratio: 27.4%
Average sale price: $669,612
Average sold DOM: 43 days

Condominiums

Inventory: 7 months
Active listings: 1,435
Pending listings: 216
Pending-to-active ratio: 13.1%
Average sale price: $359,212
Average sold DOM: 88 days

🔥 Where Single-Family Homes Look Most Competitive

Where inventory is lowest and homes sell fastest, buyers can expect more competition and less time to decide. In Northeast Portland single-family listings are especially tight at 1.6 months of inventory and about 29 days on market. North Portland and Southeast Portland single-family markets also show low months of inventory (1.7 and 2.0) and quick sale times, which generally means buyers should be prepared for a faster-moving process in those neighborhoods.

Northeast Portland

Inventory: 1.6 months
Pending-to-active ratio: 35.2%
Average sold DOM: 29 days
Average sale price: $641,494

North Portland

Inventory: 1.7 months
Pending-to-active ratio: 34.3%
Average sold DOM: 31 days
Average sale price: $544,680

Southeast Portland

Inventory: 2 months
Pending-to-active ratio: 29.9%
Average sold DOM: 31 days
Average sale price: $575,783

🏡 Where Buyers May Have More Leverage

Areas with higher months of inventory and longer marketing times tend to give buyers more flexibility on price and terms. Columbia County, Yamhill County and Marion County single-family markets are examples, each showing months of inventory around 4 to 4.5 and noticeably longer days on market. Those conditions usually translate into more choices and more opportunity to negotiate.

Columbia County

Inventory: 4.5 months
Pending-to-active ratio: 21.9%
Average sold DOM: 74 days
Average sale price: $521,262

Yamhill County

Inventory: 4.1 months
Pending-to-active ratio: 20.5%
Average sold DOM: 61 days
Average sale price: $610,074

Marion County

Inventory: 4.1 months
Pending-to-active ratio: 28.3%
Average sold DOM: 52 days
Average sale price: $513,832

🏢 The Condo Market Is a Different Story

Condominiums are not moving in the same way as detached homes in many parts of the metro. Multiple condo submarkets show months of inventory well above the single-family side, Lake Oswego/West Linn condos are sitting at 10 months of inventory, Beaverton condos near 9.3 months, and North Portland condos about 8.6 months. Longer marketing times and higher inventory often mean more buyer leverage for condo purchasers.

The difference between condos and single-family homes is striking in several neighborhoods. For example, North Portland single-family inventory is 1.7 months vs condo inventory at 8.6 months, and average days on market are 31 for houses vs 111 for condos. Northeast Portland shows 1.6 months for single-family versus 7.4 months for condos, with 29 days on market for homes and 120 for condos. In short, single-family listings are generally faster-moving and tighter; condos generally offer more choices and more time for buyers across many areas.

💰 What This Could Mean for Buyers

• If you’re shopping for a single-family home in Northeast, North or Southeast Portland, expect a faster pace: be ready with pre-approval and a clear decision timeline.
• Condo buyers will often have more time and options, Lake Oswego condos (10 months) and Beaverton condos (9.3 months) are markets where buyers can be more selective.
• In areas with higher single-family inventory like Columbia County (4.5 months) and Yamhill/Marion (around 4.1 months), you may find more negotiating room and more listings to compare.
• Always look at inventory and days on market for your specific neighborhood and price range, not just the metro averages, before making an offer.

🏠 What This Could Mean for Sellers

• Sellers of single-family homes in the tight neighborhoods should expect a quicker marketing window and prepare for a faster sale process: good photos, clear pricing and quick responses matter.
• Condo sellers in higher-inventory submarkets may need to allow more marketing time and lean into pricing, condition and presentation to stand out.
• If you’re selling in an area with longer months of inventory, plan for more showings over a longer period and price with local competition in mind.
• Work with an agent who will compare your unit to nearby condo and single-family activity, the difference between property types can be large even inside the same neighborhood.

Bottom Line

Portland is not a single housing market. Where you buy or sell depends on neighborhood, property type and price range. Look at the specific stats for your area and property type before making decisions.

Market statistics are based on the weekly TMO Reports data used for this analysis and are subject to change. Real estate conditions can vary significantly by neighborhood, property type and price range.

About the Author

Steven Tran

Oregon and Washington real estate broker serving Portland Metro and Southwest Washington. I work with relocation buyers, first-time and move-up buyers, investors and new construction clients.

Schedule a Call Visit My Real Estate Site