
Across Greater Portland the single-family market is relatively constrained: 6, 201 active single-family listings, 2.9 months of inventory, a pending-to-active ratio of 25.6, and homes that sold averaged about 45 days on market. The average single-family sale price across the metro was $665, 813.
Condominiums are behaving differently. There are 1, 440 active condo listings metro-wide, with about 7.5 months of inventory, a pending-to-active ratio near 11.1, and an average days on market for sold condos around 95. The average condo sale price was $355, 858. Those differences matter depending on what you want to buy or sell and where.
📊 Portland Metro Market at a Glance
Single-Family Homes
Inventory: 2.9 months
Active listings: 6,201
Pending listings: 2,134
Pending-to-active ratio: 25.6%
Average sale price: $665,813
Average sold DOM: 45 days
Condominiums
Inventory: 7.5 months
Active listings: 1,440
Pending listings: 179
Pending-to-active ratio: 11.1%
Average sale price: $355,858
Average sold DOM: 95 days
| Area | Property Type | Active | Pending | Inventory | Avg Sale Price | Sold DOM |
|---|---|---|---|---|---|---|
| Greater Portland | Single Family | 6,201 | 2,134 | 2.9 months | $665,813 | 45 days |
| Greater Portland | Condominiums | 1,440 | 179 | 7.5 months | $355,858 | 95 days |
| Northeast Portland | Single Family | 314 | 151 | 1.9 months | $631,139 | 32 days |
| North Portland | Single Family | 138 | 55 | 2 months | $547,902 | 40 days |
| Southeast Portland | Single Family | 505 | 209 | 2.5 months | $571,095 | 36 days |
| Beaverton | Single Family | 444 | 142 | 2.8 months | $578,771 | 41 days |
| Beaverton | Condominiums | 151 | 15 | 8.7 months | $259,809 | 73 days |
| Tigard, Tualatin, Sherwood and Wilsonville | Single Family | 516 | 188 | 2.8 months | $679,514 | 47 days |
| Hillsboro/Forest Grove | Single Family | 449 | 162 | 3.5 months | $591,565 | 45 days |
| Oregon City/Canby | Single Family | 378 | 133 | 3.7 months | $656,857 | 54 days |
| Lake Oswego/West Linn | Single Family | 403 | 97 | 3.8 months | $1,231,292 | 44 days |
| West Portland | Single Family | 565 | 129 | 3.8 months | $899,898 | 44 days |
| NW Portland | Single Family | 272 | 104 | 3.2 months | $807,143 | 44 days |
🔥 Where Single-Family Homes Look Most Competitive
In the fastest-moving single-family pockets you’ll see tighter inventory, higher pending activity and shorter marketing times. That usually means more competition around well-priced homes and less time to make decisions. Northeast Portland is the clearest example: about 1.9 months of inventory, a high pending-to-active ratio and average days on market in the low 30s.
Northeast Portland
Inventory: 1.9 months
Pending-to-active ratio: 32.5%
Average sold DOM: 32 days
Average sale price: $631,139
North Portland
Inventory: 2 months
Pending-to-active ratio: 28.5%
Average sold DOM: 40 days
Average sale price: $547,902
Southeast Portland
Inventory: 2.5 months
Pending-to-active ratio: 29.3%
Average sold DOM: 36 days
Average sale price: $571,095
🏡 Where Buyers May Have More Leverage
In areas with higher months of inventory and longer marketing times, buyers generally have more choices and more flexibility. Columbia County shows one of the most relaxed single-family pictures with 5.4 months of inventory and average marketing times around 75 days. Yamhill and Marion counties also present more breathing room compared with the core metro.
Columbia County
Inventory: 5.4 months
Pending-to-active ratio: 20.6%
Average sold DOM: 75 days
Average sale price: $496,477
Yamhill County
Inventory: 4.6 months
Pending-to-active ratio: 22%
Average sold DOM: 60 days
Average sale price: $638,258
Marion County
Inventory: 4.4 months
Pending-to-active ratio: 26.5%
Average sold DOM: 53 days
Average sale price: $508,331
🏢 The Condo Market Is a Different Story
Condo markets are operating differently across many parts of the metro: higher months of inventory, lower pending activity and longer days on market. Lake Oswego/West Linn condos have more than 10 months of inventory, and several other condo submarkets sit well above the single-family averages, which can translate into time to shop and negotiate.
| Area | Single-Family Inventory | Condo Inventory | Inventory Gap |
|---|---|---|---|
| Northeast Portland | 1.9 months | 9.1 months | 7.2 months |
| Lake Oswego/West Linn | 3.8 months | 10.2 months | 6.4 months |
| Beaverton | 2.8 months | 8.7 months | 5.9 months |
| North Portland | 2 months | 7.5 months | 5.5 months |
| Gresham/Troutdale | 3.4 months | 7.6 months | 4.2 months |
Compare condos and detached homes in the same neighborhoods and the gaps are striking. In Northeast Portland single-family inventory is about 1.9 months while condos sit near 9.1 months, and condo units there averaged roughly 124 days on market versus about 32 for single-family homes. Similar gaps appear in Beaverton and NW Portland: more condo inventory, lower pending activity and much longer marketing times. That means strategies that work for a single-family listing often need to be adjusted for condos.
💰 What This Could Mean for Buyers
- If you’re shopping for a single-family home in hot pockets like Northeast, expect offers to move faster and plan to be ready with your financing and decision timeline.
- In higher-inventory single-family markets such as Columbia County or Yamhill, you’ll likely have more time to compare properties and structure offers.
- For condos, expect more choices but longer search times. Lake Oswego/West Linn condos (about 10.2 months of inventory) are an example where buyers have more negotiating room and time.
- Focus on neighborhood-level data: metro averages hide big local differences in inventory, pending activity and days on market.
🏠 What This Could Mean for Sellers
- Sellers in the fastest single-family areas should anticipate quicker buyer responses and shorter marketing windows, preparing the home and pricing clearly matters.
- Condo sellers may face longer marketing times and should plan staging, targeted marketing and realistic pricing to attract the smaller pool of active condo buyers.
- If you’re in a slower single-family market, build time into your plans and be clear about timelines and expectations with your agent.
- Work with an agent who looks at the right submarket data, neighborhood, property type and price range drive outcomes more than metro averages.
Bottom Line
Portland is not one housing market. Buyers and sellers should evaluate their specific neighborhood, property type and price range 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.
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