Portland-Vancouver-Hillsboro, OR-WA
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As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
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The Portland-Vancouver-Hillsboro metropolitan area is currently exhibiting stabilizing conditions, with a pending ratio of 0.48. While active listings have increased minimally by 1.2% year-over-year, the median listing price has experienced a modest year-over-year decline of 2.4%.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Portland-Vancouver-Hillsboro market right now.
The market demonstrates a nuanced trend, with the pending ratio registering 0.48, a slight increase of 3.1% year-over-year. Active listings have seen a marginal rise of 1.2% over the past year, alongside a 0.6% year-over-year decrease in new listings. Median days on market have extended to 47, an increase of 6.8% year-over-year, while the median listing price has contracted by 2.4% year-over-year.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
In the current stabilizing environment, the pace of transactions is moderate, influenced by a pending ratio of 0.48. Despite a minor year-over-year increase in active listings, there is not substantial inventory pressure. Price discipline remains relevant given the year-over-year decline in median listing prices and the increase in days on market.
The average listing price in the Portland-Vancouver-Hillsboro market has decreased by 3.6% year-over-year, contrasting with a 2.4% year-over-year decline in the median listing price. Additionally, the median price per square foot has fallen by 2.5% year-over-year, indicating some softening at higher price points and potentially a shift in the composition of available listings at the upper end of the market.
7,725 active listings represent the current floor, with new supply arriving at roughly 3,928 per month.
of active listings carry a price reduction, -1.4% from prior period.
Median price per square foot has moved -2.5% year-over-year.
Pending-to-active ratio — Stabilizing.
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