Overview/Fluctuations ~ June 2026 Market Data:
New Listings eased slightly at 3,164 but are up 2.2% from June 2025. Pending Sales remained strong with 2,437 offers, up from May and representing solid buyer activity. Most notably, Closed Sales reached 2,263—a robust 10.2% increase from May—indicating strong market momentum Across the Portland Metro, prices remain relatively stable with some neighborhoods showing modest appreciation while select areas continue their trend of price stabilization. Check out the Neighborhoods Report below for a monthly look at each area.
Rates: “Renewed tensions in the Middle East are pushing rates higher. 30-year fixed rates are hanging in the mid 6% range currently.” Gary Boyer, Certified Mortgage Planner, Premier Mortgage Resources
- New Listings: 3,164—decreased 2.5% from May (3,246) and increased 2.2% from June 2025 (3,096)
- Closed Sales: 2,263— increased 10.2% from May (2,053) and increased 13.8% from June 2025 (1,988)
- Pending Sales: 2,437—decreased 0.1% from May (2,439) and increased 7.5% from June 2025 (2,267)
- Average Sale Price: $644,300—up $6,700 from May($637,300)—up $9,900 from June ‘25($634,400)
- Median Sale Price: $564,900—up $4,900 from May ($560,000)—down $5,100 from June‘25 ($550,000)
- Market Time: 55 days—decreased 2 days from May (57 days)
