Portland Home Inventory Rises in H1 2026 as Condo Listings Jump 21.9%
Updated
Updated · mainebiz.biz · Jul 7
Portland Home Inventory Rises in H1 2026 as Condo Listings Jump 21.9%
3 articles · Updated · mainebiz.biz · Jul 7
Summary
Portland’s first half of 2026 ended with more inventory in key residential segments, giving buyers more choice even as demand stayed firm and the market split by property type.
Single-family homes remained the tightest segment: median price slipped 2.4% to $595,500, closed sales fell 10.1% to 170, new listings dropped to 239, and homes still sold in a median seven days.
Condominiums showed the clearest inventory rebound, with new listings up 21.9% to 245 while the first-half median price rose to $522,500; closed sales still fell 6.7% to 126.
Multifamily properties also added supply, with new listings up 19% to 94 and closed sales up 10.6% to 52, while the median price increased to $870,000.
June data reinforced the shift: active inventory rose year over year in all three segments, while Landry said buyers now have more leverage in a still high-demand but no longer one-size-fits-all market.