Housing market report for October 2021: Portland

Portland Oregon Old Town neon signage during night time

October 2021 highlights

With most measures seeing little month-over-month change in Portland, Beaverton, and Hillsboro, the slower fall season seems to have set in. 

  • Portland single family homes sold slower than they have all year. Median days on market rose 29% month over month to 9 days, the highest since December. Judging from previous years, this trend will continue as the number of properties listed and pending tends to drop sharply in November and December. 
  • Beaverton and Hillsboro saw a drop in listings. The number of single family homes listed dropped 12% month over month and 10% year over year, while condos fell 31% month over month and 25% year over year. October saw increased condo listings for the prior two years followed by falls in November, so this year’s decrease may have happened a month early. 

See previous months’ highlights

Competition report

Our research team analyzed the competition in select local areas.

Real estate market data

Sale price

List price

Sale price compared to list price

Days on market

Number of properties listed

Number of properties pending sale

Portland data includes the city of Portland.

Hillsboro & Beaverton data includes the cities of Hillsboro and Beaverton.

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