Portland Metro Market Snapshot, August 30, 2026

Across Greater Portland the single-family market is relatively tight: there are about 6, 020 active single-family listings and roughly 2, 205 pending, which works out to 2.7 months of inventory and an average of 43 days on market for sold homes. Those numbers point to a market where many buyers still need to move quickly to secure a home in desirable neighborhoods.

Condominiums are acting differently from detached homes in many parts of the region. The condo aggregate shows about 1, 425 active listings, 213 pending, 7.1 months of inventory and an average of 86 days on market for sold condos. For condo shoppers that generally means more choices and more time to consider options, while sellers of condos will need strategies that acknowledge slower-moving inventory.

📊 Portland Metro Market at a Glance

Single-Family Homes

Inventory: 2.7 months
Active listings: 6,020
Pending listings: 2,205
Pending-to-active ratio: 26.8%
Average sale price: $667,278
Average sold DOM: 43 days

Condominiums

Inventory: 7.1 months
Active listings: 1,425
Pending listings: 213
Pending-to-active ratio: 13%
Average sale price: $359,653
Average sold DOM: 86 days

🔥 Where Single-Family Homes Look Most Competitive

When single-family inventory is low and pending activity is relatively high, listings move faster and buyers face more competition. In Northeast Portland, for example, single-family inventory is just 1.6 months with average days on market of 29, and North Portland is similarly tight. In those pockets expect offers to be submitted quickly and for buyers to make decisions sooner.

Northeast Portland

Inventory: 1.6 months
Pending-to-active ratio: 31.9%
Average sold DOM: 29 days
Average sale price: $649,691

North Portland

Inventory: 1.8 months
Pending-to-active ratio: 29.7%
Average sold DOM: 33 days
Average sale price: $544,729

Southeast Portland

Inventory: 2.1 months
Pending-to-active ratio: 28.2%
Average sold DOM: 33 days
Average sale price: $572,024

🏡 Where Buyers May Have More Leverage

Areas with higher months of inventory and longer marketing times typically create more flexibility for buyers. Columbia County shows 4.6 months of inventory with homes taking about 73 days to sell, and Marion and Yamhill counties also show multiple months of inventory. In those markets buyers often have more time to compare homes and negotiate terms.

Columbia County

Inventory: 4.6 months
Pending-to-active ratio: 21.9%
Average sold DOM: 73 days
Average sale price: $516,603

Marion County

Inventory: 4.2 months
Pending-to-active ratio: 26.1%
Average sold DOM: 50 days
Average sale price: $505,381

Yamhill County

Inventory: 4 months
Pending-to-active ratio: 22.9%
Average sold DOM: 62 days
Average sale price: $604,113

🏢 The Condo Market Is a Different Story

Condos are behaving differently across the metro. Several condo markets are well above the single-family inventory level: Southeast Portland condos show 5 months of inventory, NW Portland condos about 6.5 months, and Lake Oswego/West Linn condos nearly 9.9 months. Longer days on market and lower pending-to-active ratios mean condo buyers usually have more room to shop and sellers may need stronger pricing or staging to stand out.

Across multiple neighborhoods there is a clear gap between single-family and condo conditions. In North and Northeast Portland the inventory gap between single-family and condos is large, roughly 7.0 and 6.8 months respectively, and single-family listings show higher pending activity and much shorter days on market. Put simply: in many areas detached homes are selling faster with more active buyer interest, while condos typically offer more inventory and longer selling timelines.

💰 What This Could Mean for Buyers

• If you’re looking at single-family homes in tight pockets like Northeast or North Portland, expect listings to move fast and prepare to act promptly when you find the right property.
• Condo shoppers will often find more selections and more time to compare, markets such as Lake Oswego/West Linn and North Portland show especially high condo inventory.
• In areas with 3.5+ months of inventory (for example parts of Lake Oswego/West Linn, Marion and Columbia County), buyers generally have more negotiating flexibility and time for inspections and financing.
• Know the neighborhood-level numbers before making offers. Inventory and days on market vary a lot by area and property type, and that changes how you should structure timing and contingencies.

🏠 What This Could Mean for Sellers

• Sellers of single-family homes in low-inventory neighborhoods should be prepared for quicker showings and faster decision timelines from buyers.
• Condo sellers may need to lean on pricing, photography and staging to shorten the longer marketing time typical of many condo markets.
• Choose a marketing plan that reflects the local tempo: aggressive exposure and clear timelines in fast neighborhoods, and targeted promotion plus competitive pricing where inventory is deeper.
• Talk to your agent about realistic timeframes and comparable activity for your specific neighborhood and property type, citywide averages won’t tell the whole story.

Bottom Line

Portland is not one housing market. Buyers and sellers should evaluate neighborhood-level inventory, pending activity and days on market for their specific 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.

About the Author

Steven Tran

Steven Tran is a Portland-area real estate broker, investor and the creator of Portland Home Guide. He contributes local housing, relocation and market context to help readers make more informed decisions across Portland Metro and Southwest Washington.

About Portland Home Guide About Steven Tran