Portland Homebuyers Enjoy Expanding Choices in Growing Market

Portland's housing market saw a 6.9% rise in active listings, outpacing the national 5.4% increase, giving buyers more options. New listings grew 4.4%, while the median list price dropped 1.9% to $588K, steeper than the national 1.4% decline. Price cuts affected 31.6% of listings, higher than the national 20.8%. Homes sold in 66 days on average, slightly slower than the national 61 days.