This is a weekly, dated Portland Metro Price Alert highlighting a small selection of homes with notable price reductions. These picks are hand‑selected examples to watch this week, not necessarily the five largest reductions across the entire market.
Each listing below includes a concise snapshot and why it caught our attention — quick reads for buyers and agents who want to see what recent pricing moves mean in context.
The listings and prices in this article were reviewed on August 7, 2026.
These homes were selected because they combine meaningful price changes with location, property features, condition, or overall buyer appeal compared with other homes in this week’s report.
Availability, pricing, incentives and property details can change at any time.
🏡 This Week’s Portland Metro Price Drops
| Address | Current Price | Original Price | Reduction From Original Price |
|---|---|---|---|
| 6125 SW CHESTNUT AVE Beaverton, OR 97005 | $969,900 | $949,900 | Review current price history |
| 19822 SW GANNON LN Beaverton, OR 97007 | $869,999 | $925,000 | About $55,000 |
| 16060 NW Holman WAY Portland, OR 97223 | $799,000 | $849,995 | About $51,000 |
| 18866 SW SAMMY DR Beaverton, OR 97003 | $549,900 | $625,000 | About $75,000 |
| 16162 NW Newberry LN Portland, OR 97229 | $749,000 | $840,000 | About $91,000 |
1. Renovated Mid-Century in ROYAL WOODLANDS
Address: 6125 SW CHESTNUT AVE Beaverton, OR 97005
Current price: $969,900
Original list price: $949,900
Reduction from original price: Review current price history
Bedrooms: 5
Bathrooms: 3 full
Square feet: 3,056
Year built: 1962
Fully renovated mid‑century modern in Royal Woodlands offering five bedrooms, three full baths and about 3,056 sqft. The main level features an open living/dining flow, a primary bedroom, large windows and a brick fireplace. The lower level adds remodeled living space and additional bedrooms. Recent work includes a new roof, a large new deck and high‑end kitchen finishes.
Why I Picked This Home
This home blends preserved mid‑century lines with a complete contemporary renovation — main‑level single living plus an expanded, finished lower level and outdoor deck that extend usable entertaining space.
2. Contemporary Home in Beaverton
Address: 19822 SW GANNON LN Beaverton, OR 97007
Current price: $869,999
Original list price: $925,000
Reduction from original price: About $55,000
Bedrooms: 5
Bathrooms: 3 full, 1 partial
Square feet: 2,916
Year built: 2023
Built in 2023 and presenting like new, this NW Contemporary totals about 2,916 sqft with five bedrooms and 3.5 baths. The open great room and designer kitchen anchor living spaces with valley views through large windows. The lower level includes a guest suite with walk‑in closet and full bath, and outdoor living is enhanced by a paver patio and pavilion. A three‑car garage adds storage and flexibility.
Why I Picked This Home
A near‑new build that pairs a lower‑level guest suite with substantial outdoor upgrades — pavilion and paver patio — plus a three‑car garage, all noted alongside a notable price reduction.
3. New Construction in HOSFORD FARMS TERRA
Address: 16060 NW Holman WAY Portland, OR 97223
Current price: $799,000
Original list price: $849,995
Reduction from original price: About $51,000
Bedrooms: 4
Bathrooms: 3 full, 1 partial
Square feet: 3,048
Year built: 2026
Quick move‑in Brookings plan in Bethany with about 3,048 sqft and designer‑selected finishes. The entry level offers a private bedroom and full bath, a secondary family room and garage access. The main floor centers on an oversized island, walk‑in pantry and a dedicated office with French doors. The professionally landscaped backyard measures roughly 23 by 54 feet and is ready for immediate use.
Why I Picked This Home
New‑construction with an entry‑level bedroom and bath that support guests or multigenerational layouts, plus designer finishes throughout and a deep, professionally landscaped backyard.
4. 2 Story Home in Beaverton
Address: 18866 SW SAMMY DR Beaverton, OR 97003
Current price: $549,900
Original list price: $625,000
Reduction from original price: About $75,000
Bedrooms: 5
Bathrooms: 2 full, 1 partial
Square feet: 2,131
Year built: 1996
Extensively remodeled two‑story built in 1996, this Beaverton/Aloha home offers five bedrooms, 2,131 sqft and 2.5 baths. Updates include a refreshed kitchen and baths, new flooring and fresh landscaping. Bedrooms are generous, the backyard is fully fenced with a patio, and the property is presented move‑in ready, providing flexible spaces for home offices or multigenerational living.
Why I Picked This Home
High bedroom count combined with a full remodel and fresh landscaping makes this a turnkey choice for buyers needing space for offices, guests or multi‑use living at a noteworthy price point.
5. Farmhouse-Style Home in HOSFORD FARMS TERRA
Address: 16162 NW Newberry LN Portland, OR 97229
Current price: $749,000
Original list price: $840,000
Reduction from original price: About $91,000
Bedrooms: 4
Bathrooms: 3 full, 1 partial
Square feet: 2,620
Year built: 2026
Farmhouse Kruse plan from 2026 with about 2,620 sqft, four bedrooms and 3.5 baths. The open main level features 10‑foot ceilings, a large center island and a luxurious primary suite with dual sinks, soaking tub and walk‑in shower. A finished lower level provides an additional bedroom or flexible living area. The listing notes high‑end finishes and a move‑in ready presentation.
Why I Picked This Home
Main‑level volume and quality finishes, together with a finished lower level, deliver flexible living or work options. The listing also reflects a significant $91,000 reduction that changes the purchase math for buyers.
What Buyers Should Know About Price Reductions
Price reductions can be meaningful signals, but buyers should evaluate them alongside comparable sales, the property’s condition and any recent repairs. Order inspections, review the full price history, and factor in financing terms and current local demand. Also estimate any costs to finish or update spaces and compare total effective price per usable square foot before making offers.
A price reduction can indicate seller motivation, but it can also mean that the original asking price was higher than the market supported.
The reduction itself is only one piece of the puzzle. Buyers should still review comparable sales, property condition, disclosures, inspection findings, financing terms and neighborhood demand before deciding how much value a price change actually creates.
Interested in One of These Homes?
If one of these properties caught your attention, I can send you the current listing details, photos, disclosures, showing availability and recent comparable sales.
Listing information is subject to change. Properties featured in this article may be listed by brokers other than Steven Tran and Diverse Realty Group.
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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