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Portland Metro Real Estate

Portland Metro Weekly Market Snapshot, Sept 20, 2026

Single-family homes around Greater Portland are relatively tight right now, while condos show more inventory and slower movement. Northeast Portland stands out as a fast single-family market. Several outlying areas, and many condo submarkets, offer buyers noticeably more time and choice.

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

AreaProperty TypeActivePendingInventoryAvg Sale PriceSold DOM
Greater PortlandSingle Family6,2012,1342.9 months$665,81345 days
Greater PortlandCondominiums1,4401797.5 months$355,85895 days
Northeast PortlandSingle Family3141511.9 months$631,13932 days
North PortlandSingle Family138552 months$547,90240 days
Southeast PortlandSingle Family5052092.5 months$571,09536 days
BeavertonSingle Family4441422.8 months$578,77141 days
BeavertonCondominiums151158.7 months$259,80973 days
Tigard, Tualatin, Sherwood and WilsonvilleSingle Family5161882.8 months$679,51447 days
Hillsboro/Forest GroveSingle Family4491623.5 months$591,56545 days
Oregon City/CanbySingle Family3781333.7 months$656,85754 days
Lake Oswego/West LinnSingle Family403973.8 months$1,231,29244 days
West PortlandSingle Family5651293.8 months$899,89844 days
NW PortlandSingle Family2721043.2 months$807,14344 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.

AreaSingle-Family InventoryCondo InventoryInventory Gap
Northeast Portland1.9 months9.1 months7.2 months
Lake Oswego/West Linn3.8 months10.2 months6.4 months
Beaverton2.8 months8.7 months5.9 months
North Portland2 months7.5 months5.5 months
Gresham/Troutdale3.4 months7.6 months4.2 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


🏠 What This Could Mean for Sellers


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.

Steven Tran
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.

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