Real Estate in Full Bloom: Portland Metro Snapshot – May 2025
From Parade Floats to Pending Sales – Here's What's Poppin’ in the Market
Portland isn't the only thing blossoming this time of year—the real estate market is showing signs of spring growth too! Whether you’re scouting your dream craftsman in Northeast or listing a luxury stunner in West Linn, here’s what’s happening across Portland Metro and just over the river in Clark County.
Portland Metro Quick Stats – May 2025 (from RMLS)
New Listings: 3,651 (+ 4.1% YoY)
Pending Sales: 2,299 (- 2.7% YoY)
Closed Sales: 2,018 (- 5.7% YoY)
Average Sale Price: $624,100 (+ 1.2% MoM)
Median Sale Price: $569,500 (+ 3.5% MoM)
Total Market Time: 55 days (down from 62 in April)
Inventory: 3.3 months (up slightly, giving buyers more choices!)
Translation? Sellers are getting serious, buyers are getting pickier, and well-priced homes are still moving—especially those that sparkle on day one.
Who’s Buying What?
Homes in the $500K–$700K range are still the hottest ticket, but sales in the $800K+ range are seeing growth, too—proof that both the luxury and move-up markets are active.
Rose Festival Fun Fact
Did you know the first official Portland Rose Festival in 1907 featured a parade of electric floats—lit up and pulled by actual horses? Talk about horsepower with style! Portland has been fabulous and a little cheeky since day one.
Final Thought:
The market’s heating up just like summer. Whether you're listing a mid-century ranch or eyeing a modern masterpiece with views of Mt. Hood, now’s the time to prep, price right, and pounce!
If you’d like a custom breakdown for your neighborhood or price point, text or call me—let’s chat homes over coffee or rosé (see what I did there?).