🏡 Portland Real Estate Market Update – October 2025

As fall settles in, the Portland real estate market is showing its usual seasonal rhythm — with fewer new listings, steady buyer activity, and slightly longer market times. Here’s how October compared to September and what it means for Portland-area buyers and sellers.

📊 October 2025 Market Snapshot (Portland Metro)

• New Listings: 2,366 (down 5.3%)
  
  
• Closed Sales: 2,066 (up 13.2%)
  
  
• Average Sale Price: $606,000 (down 1.8%)
  
  
• Average Days on Market: 69 (up 7 days)
  
  

🌲 What’s Happening in Portland’s Market

October brought fewer new listings, which is common this time of year as many sellers hold off until spring. Even so, buyer demand remained strong, with closed sales rising more than 13% from September — showing that well-priced homes are still attracting serious buyers.

The average sale price dipped slightly to $606,000, a modest 1.8% decrease. This slight softening offers a welcome window of opportunity for buyers who may have been waiting for more breathing room in the market.

Meanwhile, homes spent an average of 69 days on the market, about a week longer than in September. That increase is typical for autumn as the market naturally cools, but homes that are well-prepared and priced right are still moving quickly.

🏠 Looking Ahead

As Portland heads into the winter months, we can expect fewer listings and a slower pace — but that doesn’t mean the market is quiet. Buyers are still out there, taking advantage of slightly more negotiating room, and sellers can benefit from less competition.

If you’re considering buying or selling in 2026, now is the time to start preparing your strategy.

📞 Have questions about what these trends mean for your neighborhood? Let’s connect and talk about your best next steps in today’s Portland market.