By Jessica LeDoux, September 18, 2025
In Portland, Oregon’s shifting 2025 real estate market, we are seeing many pending homes come back on the market, but this has not been the experience for our clients. Our team has guided clients to seamless closings with a 96% buyer-side closing rate on their first home in escrow.
One segment of the market is experiencing high days on market, price adjustments and deal failures. While another segment, in many neighborhoods throughout Portland, has sparked fierce competition… How do you know which market you are looking in?
Our clients have experienced both segments and moved forward with confidence. We build trust in our knowledge by educating, and thoughtful counsel to empower clients to make confident decisions! This way creates success for all parties – making it to closing!
Portland’s 2025 Market: Challenges and Opportunities – 2025 has been the tale of two markets.
Whether our clients were looking for a fixer, something in need of cosmetic updates, or a home updated to the nine’s, our clients wrote well-informed, strong offers, with terms to favor all parties and provide a higher surety to close. This “eyes wide open” approach has served our clients well year over year, no matter what the current market conditions are.
All markets have their challenges and opportunities, having an experienced real estate team helps you keep your finger on the pulse of the market, and avoids the common pitfalls experienced in all markets. We have over 80 years of experience on our team – We know the current market trends, and the micro trends from week-to-week and neighborhood-to-neighborhood. This knowledge base is the foundation to our success and our low sale fail rate, no matter what the market is doing, our team is tapped in and knows how to help you navigate it.
After interviewing leading local lenders, that we have worked with for several years, the common theme they talked about was how many escrow terminations they have been experiencing in 2025. They reported clients sometimes experiencing 2-4 terminations, which not only cost buyers money, but is an emotional roller coaster that can be avoided. This has not been the experience our clients have had: YTD we have closed 26 buy-side sales with 96% of clients avoiding the emotional roller coaster of discovering the home was not what they thought it was, which increases the odds of termination. Tale of two markets – yes! This year’s accepted offers have ranged from 12.5% below to 17.5% above the current listed price, we simply know where to push and negotiate on your behalf at a high level for optimal results. Our team consistently maximizes results for clients, landing buyers in long-term homes at a great value, even when competitve—year after year.
Eyes Wide Open: Avoiding Pitfalls – Our edge? Empowering you before the offer.
We analyze market trends, property histories, and common era-specific challenges, alongside specific education pertaining to each individual home to craft informed offers. This “eyes wide open” approach minimizes inspection surprises, making the “under the microscope” phase easier for the buyer to glide through because surprises are rare – we have talked about these things over and over so they simply are less scary.
No matter how much you love the wrapping paper – we’re not afraid to counsel you out of a home based on condition, long term needs, or unchangeable elements that may limit the years your home will provide you – all before putting pen-to-paper! Any home a client considers is assessed against readiness to take on the condition, unchangeable versus changeable concessions, and longevity in the home, upfront. No matter how cute or functional the home presents to be, we’ll flag potential costs and educate on the overall condition/potential needs before you choose to move forward with an offer. If it doesn’t suit your budget, comfort, or long-term needs we counsel you, empowering you to make an informed decision, ensuring confidence along the way.
Why Our Clients Glide to Victory – Empowering clients with information!
Our 96% close rate on the first house reflects strategic guidance. We craft winning offers, spot issues early, and negotiate repairs and timelines to keep deals on track. In a market of higher interest rates, economic uncertainty, and hesitancy, people still need and want homes – there is no “bad market” – there is only “the market,” and deciding if this market with its advantages and challenges is the right one for you is our goal! We help you decide whether to enter or wait – because you finding the right path is our #1 goal – not the sale. This philosophy guides our buyers to secure optimal dream homes when they are prepared, with no pressure.
Ready to navigate Portland’s market? Our education-first approach ensures you glide over the finish line. Contact our team to buy with confidence!
September 2025 Market Stats
KEY TAKEAWAYS:
Pending sales increased 10.9% from August 2024, and grew 4.5% from July 2025. This recent uptick bucks the 2023, 2024 annual trend of slowing Pendings during this month. Rates stalling or falling recently has stimulated the buyer pool. Inventory has been higher this year, meaning more options for buyers when they do act. So buyers found themselves able to locate, offer and contract on homes. This resulted in a year over year increase of 3.3% in Closed Sales in August.
Even though New Listings were down 7.2% year over year, Average Market Time for listings has grown from 52 to 62 days on average. Longer than previous months, this is on trend for this time of year. Also on trend are the Average and Median Sales Prices – up 0.7% ($616,000) and 0.9% ($550,000) respectively. This is a pretty good measure of our demand; steady if not a bit more fragile in this 6% – 7% rate climate. When rates fall an 1/8 or a 1/4, expect that to stimulate the buyer pool almost immediately.
Of note, decades of historical data show us that the average mortgage rate has been 6.48%. No predictions expect 3% rates to return anytime soon. The recent rate cut may stimulate a segment of the market, but historically people continue to wait in hopes of even better rates. With rates hitting a 3 year low this month, the people ready to capitalize now will be ahead of the curve. Recent rate changes point to a market that will react, but acting before the herd will put in a better position overall, even if the rates drop another quarter point.
Jessica LeDoux
Broker | OR
She/Her
JESSICA LEDOUX
Licensed Broker in Oregon
Lead Buyers Agent
Oregon is where Jessica’s heart lies. Born and raised in Portland, Jessica grew up in Concordia and bought her first home in North Portland in 1996. She was seduced by the front porch of a 1920’s bungalow and as a young 20 year old there were so many factors she did not know to take into consideration when choosing her home. After 5 years of restoring the home, it was time to move and the seed had been planted – her love of restoring homes was born. It took a few more projects and years for her to make the choice to enter Real Estate. In 2006 she got her license and set out to empower people with information and encourage inquiry beyond the basic needs in a home, which was something she wished was provided to her when she bought her first home. As her Real Estate career developed she found joy in helping buyers the most, which led her to specialize in buyer representation.
Jessica loves helping buyers consider all angles, future needs, and possible roadblocks in a home. Her goal is to empower a buyer with choices and to consider the unchangeable elements of a home to better ensure many years of happiness in their new home. Buying right is the most important factor to protecting your investment and she takes this very seriously, which is why helping buyers eliminate homes in order to get to the right one is her top priority. She believes wholeheartedly in the power of investing in real estate. She brings this wealth of technical housing knowledge, intimate familiarity with the city, and investment experience to her counsel for homebuyers, but it is her commitment to buyer advocacy (and seeing the impact this has on people's lives) that most inspires her and has kept her engaged and in love with her job after all these years.
SOFIA GALLAMORE
Licensed Broker in Oregon & Washington
Buyers Agent
As someone who loves community, good food, and time spent outdoors, I’m proud to help others find their place here in the Pacific Northwest. I specialize in working with first-time home buyers, those looking to navigate purchasing a home while needing to sell their current, and folks exploring creative real estate investment avenues—like rentals and other income-generating properties.
For my clients, I bring a deep understanding of the Portland market, and click particularly well with those who may appreciate a patient, data-driven, low-pressure approach.
I attended Milwaukie High School (Mustang bred!) and stayed local to attend Oregon Health & Science University-Portland State University’s School of Public Health. There, I attended the Honors College and obtained my B.S. in Applied Health and Fitness. I loved my studies at university (and still incredibly passionate about all things health & wellness), but my part-time job as a leasing agent opened my eyes to the world of Property Management and Real Estate — and I was hooked. From there, I spent a few years in property management and then obtained my real estate license. Having grown up in Milwaukie, Oregon, and now living in Portland, I bring local expertise and a love for this area to every interaction.
With a blend of real estate know-how, Airbnb/Property Management experience, and a genuine passion for helping others, I’m excited to guide you through your Portland real estate journey. When I’m not meeting with clients, you’ll find me exploring the outdoors, caring over my houseplants, or at the gym (my primary outlet for stress!!).
At Living Room Realty, I’m fortunate to work alongside a team of quality agents who reflect the best the industry has to offer. With the support of decades of committed experience, the clients we represent feel supported, educated, and advocated for. We are here to listen, answer questions, and provide honest, thoughtful guidance—whether you’re buying your first home, making a smart investment, or simply exploring your options.
JENESSA VANZUTPHEN
Licensed Broker
Buyer Operations Manager
When I first joined our team in 2019, I had been feeling dispirited about real estate. I'd been a realtor for several years and had a strong desire to find increased meaning within an industry that didn't always reflect my values. The thing that kept me returning to real estate despite this was the zing of happiness I felt when I helped clients through the home-buying process and witnessed them on the other end having accomplished a dream or otherwise been empowered. To me, the role of a realtor is one of stewardship. I am proud to be on this team because the level of informed honesty, ethical counsel, and all-around excellence we offer is truly unparalleled in this industry.
Working as the Operations Manager on our buyer team means I get to focus on all my favorite parts of the job. I'm hyper-attentive to detail and delight in tending to nuance; transparency and communication are critical. If you are at ease knowing the train is running smoothly, and if I answer your questions (maybe even before you've thought of them), then I've done my job well. I'm an introspective person and I view my sensitivity as a strength. I enjoy listening and taking the time to thoughtfully respond so we can move through the home-buying process with intention together. I think searching for a home is about identifying your fundamental values and assessing how the decision you make about where you live can best support the life you want to lead.
On the more personal side, when I'm not working, I'm probably writing or thinking about language. Give me a stack of good books and I'm happy. I'm a creative thinker and a maker - I love great design and discovering new outlets for expression. I don't ever want to stop learning. Putting my hands in dirt is just about the most invigorating thing I can think of, and my little garden is my sanctuary. I like to dance at home so freely that it makes other people laugh. I love to sing. I freaking love my family.
Karim Alaeddine | Operations | Principal Broker Licensed in OR | karim@livingroomre.com
Kim Parmon | Lead Listing Agent | Principal Broker Licensed in Oregon | kim@livingroomre.com
Andee Zeigler | Licensed Listing Team Operations Manager | andee@livingroomre.com
Sofia Gallamore | Buyer Agent | Licensed in Oregon and Washington | sofi@livingroomre.com
Jenessa VanZutphen | Buyer Operations Manager | Licensed in Oregon | jenessa@livingroomre.com
- T: 503-310-5816
- Jessica@livingroomre.com
