Market Update

Market updates

One letter a month for each market I follow, with the numbers behind it.

Published October 18, 2026 in Market Update · Southeast Portland

More Southeast Portland listings are cutting price, but many homes still move fast

Realtor.com counted price cuts on 31.3% of Portland metro listings in September 2026, yet the Real Estate Data Aggregator shows most Southeast Portland homes still go under contract in under two weeks.

By Tony Apa
Homes sold
Up 3% year over year
Homes for sale
Down 3.6% year over year
New listings
Down 2.7% year over year
Read the letter

Published October 18, 2026 in Market Update · West Linn

West Linn prices keep rising, but homes take longer to sell

The median sale price in West Linn hit $870,000 in the three months ending August 31, 2026, up 7.4% from a year ago. But homes are taking 13 more days to sell than they did last year.

By Tony Apa
Median days on market
13 days longer than a year ago
Homes sold
Up 6.1% from a year ago
Months of supply
Up 0.2 months from a year ago
Read the letter

Published October 18, 2026 in Market Update · Sherwood

Sherwood still moves fast, even with rates above 7%

Pending sales are up 17% and more than 1 in 3 homes go under contract within two weeks, all while mortgage rates climbed above 7%.

By Tony Apa
Median sale price
Up 2.4% from a year ago
Homes sold
Up 7.4% from a year ago
Median days on market
One day longer than a year ago
Read the letter

Published October 18, 2026 in Market Update · Tualatin

Tualatin stays tight even with fewer deals

Fewer homes are selling, but supply is still thin and prices are holding, as of October 18, 2026.

By Tony Apa
Homes sold
Down 20.7% from 2025
Homes for sale
Down 26.6% from 2025
New listings
Down 26.9% from 2025
Read the letter

Published October 18, 2026 in Market Update · Beaverton

Beaverton sales rise even with rates above 7%

586 Beaverton homes sold in three months, up 15.6% from a year ago, even as mortgage rates climbed past 7%.

By Tony Apa
Homes sold
Up 15.6% from a year ago
Pending sales
Up 3.1% from a year ago
Homes for sale
Down 0.8% from a year ago
Read the letter

Published October 18, 2026 in Market Update · Wilsonville

Wilsonville gets more sales without a big price jump

More homes are closing here than a year ago, and prices are rising slower than the national pace.

By Tony Apa
Median sale price
Up 1.8% from a year before
Homes sold
Up 21.2% from a year before
Median days on market
8 days longer than a year before
Read the letter

Published October 18, 2026 in Market Update · Southwest Portland

Southwest Portland has more listings, but buyers are still writing offers

Inventory is up 11.3% across Southwest Portland, yet pending sales rose 3.3% through August 31, 2026, which means pricing still decides who wins.

By Tony Apa
Homes for sale
Up 11.3% from 2025
Pending sales
Up 3.3% from 2025
New listings
Up 3.4% from 2025
Read the letter

Published October 18, 2026 in Market Update · Hillsboro

One part of Hillsboro is moving fast even with 6.9% rates

ZIP 97124 had just 2.2 months of supply and a 14-day median market time in the three months ending August 31, 2026, while rates in the metro sat at 6.9%.

By Tony Apa
Months of supply
Down 0.8 months from a year before
Median days on market
9 days shorter than a year before
Homes sold
Up 10.5% from a year before
Read the letter

Published October 18, 2026 in Market Update · North Plains

North Plains has fewer homes for sale, even with more new listings

New listings are up 40%, but total inventory is still down 31.7%, which means pricing and prep matter more than ever for sellers in North Plains.

By Tony Apa
Homes for sale
Down 31.7% from a year ago
New listings
Up 40% from a year ago
Months of supply
Down 1 month from a year ago
Read the letter

Published October 18, 2026 in Market Update · Northeast Portland

One part of Northeast Portland is moving much faster than the rest

ZIP 97212 sold homes in a median 6 days last summer, while some other Northeast Portland ZIPs took nearly 40. Your plan should match your part of the market.

By Tony Apa
Median sale price
Up 10.3% year over year
Median days on market
13 days shorter than a year before
Sold above list price
Up 7.1 points year over year
Read the letter

Published October 18, 2026 in Market Update · Cornelius

Cornelius buyers still show up, even with rates above 7%

More homes sold in Cornelius this summer, but they took longer to move. Here is what that means for you.

By Tony Apa
Median sale price
Down 1.4% from a year ago
Median days on market
12 days longer than a year ago
Homes sold
Up 18.4% from a year ago
Read the letter

Published October 18, 2026 in Market Update · West-side Portland area

The tightest part of West-side Portland is moving fast

ZIP 97225 has 2.9 months of supply and nearly 4 in 10 homes go pending within two weeks, even as sellers outnumber buyers across Portland.

By Tony Apa
Median days on market
9 days shorter than the same period in 2025
Under contract within two weeks
Up 9.4 points from a year before
Sold above list price
Up 4.4 points from a year before
Read the letter

Published October 18, 2026 in Market Update · Lake Oswego

One part of Lake Oswego is seeing a much bigger price move

The two ZIP codes that make up Lake Oswego moved in opposite directions over the three months ending August 31, 2026, and that gap changes everything about your price and timing.

By Tony Apa
Pending sales
Up 10.2% year over year
Sold above list
Up 6.1 points year over year
Under contract in 2 weeks
Up 10 points year over year
Read the letter

Published October 18, 2026 in Market Update · North Portland / St. Johns

One part of North Portland / St. Johns is still moving fast

In the three months ending August 31, 2026, ZIP 97217 sold homes in a median 14 days while the Portland metro saw 31.3% of listings take a price cut.

By Tony Apa
Homes sold
Up 8.9% from a year before
Sold above list
Up 13.2 points from a year before
Sale-to-list ratio
Up 1.2 points from a year before
Read the letter

Published October 18, 2026 in Market Update · Forest Grove

Forest Grove moves faster even with prices down a bit

Buyers are still showing up in Forest Grove, and the homes priced right are going fast.

By Tony Apa
Homes sold
Up 22.5% from 2025
Median sale price
Down 2.8% from 2025
Median days on market
33 days shorter than 2025
Read the letter

Published October 11, 2026 in Market Update · West Linn

West Linn prices rise even as homes take longer to sell

The median sale price in West Linn hit $870,000 in the three months ending August 31, 2026, up 7.4% from a year ago, but homes are taking 13 days longer to sell than they did last year.

By Tony Apa
Homes sold
Up 6.1% from a year ago
Median days on market
13 days longer than a year ago
Months of supply
Up 0.2 months from a year ago
Read the letter

Published October 11, 2026 in Market Update · Sherwood

Sherwood sellers still have leverage, but price it right

Supply is tight, sales are up, and homes are closing above list price, but more competition is arriving and rates are at 7.40%.

By Tony Apa
Median sale price
Up 2.4% from a year ago
Homes sold
Up 7.4% from a year ago
Median days on market
One day longer than a year ago
Read the letter

Published October 11, 2026 in Market Update · Tualatin

Tualatin stays tight even with mortgage rates above 7%

Supply is still lean and the median home sold in 20 days, so both owners and buyers need to know where they stand right now.

By Tony Apa
Median sale price
Up 1.6% from a year before
Homes sold
Down 20.7% from a year before
Median days on market
7 days shorter than a year before
Read the letter

Published October 11, 2026 in Market Update · Beaverton

Beaverton sales rose faster than listings

In the three months ending August 31, 2026, buyers kept moving even as mortgage rates climbed above 7%.

By Tony Apa
Homes sold
Up 15.6% from a year before
Homes for sale
Down 0.8% from a year before
New listings
Up 7.7% from a year before
Read the letter

Published October 11, 2026 in Market Update · Wilsonville

Wilsonville prices hold steady even with slower sales pace

The median sale price in Wilsonville hit $692,450 for the three months ending August 31, 2026, up 1.8% from a year ago, even as mortgage rates sit at 7.40%.

By Tony Apa
Homes sold
Up 21.2% from a year ago
Median days on market
8 days longer than a year ago
Sale-to-list ratio
Up 0.4 points from a year ago
Read the letter

Published October 11, 2026 in Market Update · Northeast Portland

Northeast Portland prices soften, but the tightest parts still move fast

The broad numbers show a cooling market, but the Real Estate Data Aggregator tells a different story zip by zip, and where you are changes everything.

By Tony Apa
Homes sold
Up 2.4% from same period in 2025
Homes for sale
Down 5.2% from same period in 2025
New listings
Down 0.8% from same period in 2025
Read the letter

Published October 11, 2026 in Market Update · Hillsboro

One part of Hillsboro is moving faster, even with rates near 7%

ZIP 97124 posted 14 median days on market and 2.2 months of supply in the three months ending August 31, 2026, while rates in the metro climbed toward 7.49%.

By Tony Apa
Median days on market
9 days shorter than a year before
Months of supply
Down 0.8 months from 2025
Under contract within 2 weeks
Up 5.2 points from 2025
Read the letter

Published October 11, 2026 in Market Update · Cornelius

Cornelius buyers are active, but homes take longer to sell

45 homes sold in the three months ending August 31, 2026, up 18.4% from a year ago, yet the median home sat on the market 12 days longer than it did last year.

By Tony Apa
Homes sold
Up 18.4% from a year ago
Pending sales
Up 11.6% from a year ago
Median days on market
12 days longer than a year ago
Read the letter
Your next step

What would your home sell for today?

Text me your address and I will tell you what your home would sell for today, from the same numbers these letters are built on.

(503) 300-6224Text me your addressYour text comes straight to my phone
Tony Apa
Oregon Life Property Group powered by JMG · (503) 300-6224 · tonyapa@jasonmitchellgroup.com
Tony Apa is a licensed real estate agent with Oregon Life Property Group powered by JMG (license #201250233), license #201216668. Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
© 2026 Tony Apa · Equal housing opportunity