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Is Now the Right Time to Buy or Sell a Home?
Dated: July 21 2025
Views: 350
It feels like we’re in a slack tide—everything is still, but the momentum is about to shift.
If you’ve been waiting for the “perfect” time to make a move in real estate—this might be it. Right now, the market is showing signs that it's a great time to sell and a smart time to buy. Let’s break it down in a simple way.
What’s Going on with the Market?
In Portland, homes are sitting on the market for about 51 days on average. In Vancouver, it's about 49 days. That means houses aren’t selling as fast as they used to—and some sellers are getting nervous that prices might go down.
At the same time, mortgage rates just dropped more than they have since May. This drop in rates can give buyers up to $16,000 more in buying power. That’s a big deal!
What Does This Mean for Sellers?
- More competition is coming. Right now, Portland has 3.6 months of housing inventory, and Vancouver has 3.3 months. That’s more than we’ve seen recently.
- New listings are starting to outpace pending sales, which means more homes are coming on the market than are selling.
- If you’ve been waiting to sell, now is the time—before more listings stack up and buyers start calling the shots again.
What Does This Mean for Buyers?
- Rates are better, which means your monthly payment could be lower—or you could afford more house for the same price.
- Homes are sitting longer, so you have more power to negotiate—on price, repairs, or even closing costs.
- Yes, median home prices are still high—$550,000 in Portland and $549,900 in Vancouver—but with this mix of lower rates and slower sales, you might find a great opportunity.
Strategy Matters More Than Ever
Whether you're buying your first home, upgrading, or thinking about selling, this market takes smart planning and timing. Every person’s situation is different, and the right strategy can make a huge difference in your outcome.
Want to talk numbers or explore your options? I’d be happy to walk you through the details and help you make a confident, informed decision.
Let’s make your next move a smart one!
Dave Woody
Dave works diligently behind the scenes to make Real Estate easy for you. He services clients in Washington and Oregon and joined NextHome Realty Connection to grow his business. Real Estate draws on ....
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