09/11/2026
The Portland Metro market slowed a bit in August compared to this time last year. New listings totaled 2,440, compared to 2,476 in August 2025. Closed sales were 1,902, compared to 2,021 a year ago, while pending sales were 2,013, compared to 2,275 last August. The average sale price was $607,200, compared to $620,500 last year. Average total market time was 57 days, compared to 62 days a year ago.
Overall, August saw less activity than this time last year, with fewer pending and closed sales and slightly lower prices.
Highlights
Average Sale Price: $607,200 ↓ 2.1% from August 2025
Average Total Market Time 57 days ↓ 8.1% from August 2025
Closed Sales: 1,902 ↓ 5.9% from August 2025
New Listings: 2,440 ↓ 1.5% from August 2025