April 2025 - Market Action Report

Bella Casa Admin
May 8
3 min read

In our ongoing commitment to share informative and relevant updates each month, the April 2025 Monthly Action Report is now available! You can always catch the latest updates directly on The McCreith Team's Blog, or sign up for our email updates here. Thanks for being part of our community!

(Download the Market Action Report PDF here)

Market Overview: April 2025 Trends

April 2025 Real Estate Market Update — Portland Metro and Yamhill County Spotlight

The spring real estate season is officially in full swing across the Portland Metro area, and April's numbers tell an encouraging story for both buyers and sellers. New listings jumped by 7.6% year-over-year, and inventory levels increased to 3.1 months, giving buyers more options than we've seen in recent years. At the same time, homes are selling faster, with total market time dropping to just 62 days, down from 71 days in March.

Year-to-date, the Portland Metro market has seen a healthy 2.6% rise in average sale price (now $606,700) and a 2.1% increase in median sale price ($540,000). While pending sales dipped slightly year-over-year (down 3.8%), they remained stable compared to last month. Overall, the market remains competitive but slightly more balanced, offering opportunities for both sides of the transaction.

Zooming in on Yamhill County

Yamhill County is reflecting many of the larger market trends, with its own local dynamics that sellers should find encouraging:

New Listings: 346 properties hit the market in April 2025, up notably from previous months, providing buyers with more choices.
Pending Sales: 121 homes went pending, a 2.5% increase compared to April 2024, signaling strong buyer demand.
Closed Sales: 412 homes closed, representing a slight dip of 4.2% compared to last year, but still a consistent rate of sale when you consider supply levels.
Average Sale Price: Yamhill County's average sale price rose to $544,200, a 3.2% increase from 2024.
Median Sale Price: The median sale price climbed to $467,800, reflecting a 2.3% year-over-year gain.
Market Time: Homes spent an average of 73 days on the market year-to-date, in line with the broader metro trends.

Yamhill County’s price growth is particularly noteworthy. Compared to some other Portland Metro sub-markets where prices have softened slightly, Yamhill County has posted steady and meaningful appreciation. This is a trend we are observing: moving out to the country is desirable right now, and it positions sellers well for strong sale prices while still maintaining affordability relative to closer-in metro areas.

What This Means for Sellers

Low Inventory + Solid Buyer Demand: With only 3.1 months of inventory across the region and steady buyer activity, correctly priced homes throughout the Portland Metro area are still moving quickly.
Price Growth: Rising prices combined with decreasing days on market create a strategic window to list and maximize returns.
Spring Momentum: Historically, May and June are some of the most active months for real estate. Sellers who list now are well-positioned to benefit from peak season demand.

Key Takeaway:

The greater Portland Metro market is showing strong signs of stability and opportunity. Rising prices, faster market times, and increased spring activity offer a favorable environment for sellers. Now is the time to capitalize on market momentum while inventory remains relatively low and buyer motivation is high.

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