Primary market has more sellers and slightly more deals
Here is the one thing that changes what you should do right now. More sellers are coming to market. The Real Estate Data Aggregator counted 1,126 new listings across the Primary market in the three months ending August 31, 2026. That is up 4.2% from the same months last year. Realtor.com also reported that U.S. for-sale listings were growing nearly 7% year over year as of the week ending October 10, 2026. More listings means more homes for buyers to compare yours against.
The good news: buyers are still active. The Real Estate Data Aggregator counted 914 pending sales in the Primary market for those same three months, up 3.2% from a year before. Deals are getting done. Not every home sat waiting.
Some ZIP codes moved much faster than others
Speed varied a lot by ZIP code in the three months ending August 31, 2026. The Real Estate Data Aggregator found that 41.9% of homes in 97225 sold above list price, and the median days on market there was just 18 days. In 97219, 43.3% of homes went under contract within two weeks of listing. In 97201, the median home sat for 69 days. One ZIP code is not the whole story.
- 197225 – Portland, OR18 days
- 297219 – Portland, OR19 days
- 397221 – Portland, OR25 days
- 497229 – Portland, OR28 days
- 597210 – Portland, OR35 days
- 697239 – Portland, OR53 days
- 797209 – Portland, OR64 days
- 897201 – Portland, OR69 days
Prices dipped in some ZIP codes, rose in others
Prices did not move the same way everywhere. The Real Estate Data Aggregator shows the median sale price in 97225 fell 9.1% to $720,000, while in 97221 it rose 9.2% to $846,500. In 97201 it rose 7.9% to $439,000. In 97210 it dipped 5.7% to $849,000. These are real differences that matter when you set a price.
The national picture adds context
Nationally, the National Association of Realtors reported that existing-home prices were up 1.3% in September 2026. The national median listing price was $415,000, according to Realtor.com, for the week ending October 10, 2026. The Primary market's median prices in most ZIP codes sit well above that national figure. Freddie Mac put the average 30-year fixed mortgage rate at 7.40% as of October 15, 2026. That rate shapes what buyers can afford, and it affects how many offers you see.
What this means for sellers
More listings coming on at once is a real shift. The Real Estate Data Aggregator counted 1,126 new listings in the Primary market, up 4.2% year over year. Buyers have more to choose from. Homes that are priced carefully and prepared well are the ones getting under contract quickly. The data shows that clearly in ZIP codes like 97219 and 97225.
| 97219 | 97225 | 97201 | 97209 | |
|---|---|---|---|---|
| Median days on market | 19 days | 18 days | 69 days | 64 days |
| Under contract in 2 weeks | 43.3% | 41.9% | 13.8% | 12.8% |
| Sold above list price | 33.3% | 29.4% | 8.8% | 9.9% |
| Sale to list ratio | 99.7% | 99.2% | 96.2% | 97.1% |
What this means for buyers
Buyers have more choices than a year ago in some ZIP codes. The Real Estate Data Aggregator shows 97219 had 212 homes for sale, up 31.7% from a year before. In 97221, homes for sale rose 19.3%. Still, overall Primary market inventory was down 9.2% to 1,152 homes. Supply is still lean in most areas. Well-priced homes in fast ZIP codes are still going quickly.
- More sellers entered the Primary market in the three months ending August 31, 2026. The Real Estate Data Aggregator counted 1,126 new listings, up 4.2%.
- Buyers are still moving: 914 pending sales, up 3.2%.
- Overall inventory is still down 9.2%.
- Speed and price vary a lot from one ZIP code to the next.
- One street can read very differently from the whole ZIP code.
These numbers cover the three months ending August 31, 2026. Every ZIP code in this market tells its own story. What is true in 97225 may not be true on your street. If you want to know how your specific address sits inside these numbers, text me.
Your next step
(503) 680-1440Text me your address and I will send back how your home compares with what actually sold in your ZIP code in the Primary market, including days on market and where your price lands. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 97210, 97239, 97209, 97201, 97225, 97219, 97221 and 97229, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Freddie Mac: Mortgage Rates, read Oct 17, 2026
- National Association of Realtors: Existing-Home Sales, read Oct 17, 2026
- Realtor.com: Weekly Housing Trends: U.S. Market Update (Week Ending Oct. 10, 2026), Oct 15, 2026
- FRED: New Privately-Owned Housing Units Started: Total Units, read Oct 17, 2026
- Bureau of Labor Statistics: Employment Situation Summary - 2026 M09 Results, read Oct 17, 2026
