Why Timing Matters in Today’s Real Estate Market
Did you know that home prices are rising? If you’ve been thinking about selling your home or investing in real estate, waiting too long could mean missing out on a significant financial opportunity.
The Portland, OR, and Vancouver, WA, markets are seeing strong growth, and the longer you wait, the more competitive it could get. I’m Melissa Shaw, and I’m here to break down the latest market stats so you can make the best real estate decisions for you and your family.
What’s Happening in the Market? (Jan 31 – Feb 6, 2025)
Portland, OR: Steady Price Growth
- Average Sales Price: $678,000 (↑ 9.4%)
- Median Sales Price: $586,500 (↑ 2.9%)
- Pending Sales: ↑ 4.1%
- Time on Market: 92 days (↑ 1.1%)
Vancouver, WA & Southwest Washington: Even Stronger Growth
- Average Sales Price: $682,100 (↑ 23.4%)
- Median Sales Price: $564,000 (↑ 5.6%)
- Time on Market: 91 days (↑ 26.4%)
Mid-Willamette Valley: An Investment Opportunity
- Average Sales Price: $378,000 (↓ 18.9%)
- Median Sales Price: $399,400 (↓ 9.4%)
- Pending Sales: ↑ 5.5%
- Homes Sold: 420
What does this mean for you? In Portland and Vancouver, WA, prices are climbing—making now a prime time to sell. In the Mid-Willamette Valley, declining prices could be an opportunity to buy an investment property at a lower cost.
How Can You Take Advantage of This Market?
If You’re Selling:
- Rising prices mean high demand. Listing now could secure you a strong return on your home before the market shifts.
If You’re Buying:
- Home prices are going up—acting now could save you thousands compared to waiting.
- If you’re looking for investment opportunities, the Mid-Willamette Valley offers lower entry prices and long-term growth potential.
If You’re Investing:
- Portland & Vancouver, WA, provide appreciating assets for long-term wealth-building.
- The Mid-Willamette Valley presents more affordable opportunities for rental properties or first-time investors.
What If You Wait?
If you wait, you risk:
Paying More – Home prices are climbing, and waiting means spending more later.
Missing Out on Strong Seller Returns – Buyers are active now, but if you delay, increased competition could impact your profit.
Losing an Investment Opportunity – The Mid-Willamette Valley is at a low point in pricing, which may not last long.
The market is moving quickly—the best time to make a decision is now.
Let’s connect and discuss the best strategy for your real estate goals. Whether you’re selling, buying, or investing, I’m here to help you navigate the market with confidence. Book a call for a complimentary consultation on the best next real estate move for you. https://calendly.com/lewisrealtors/30min-seller-phone-consultation
