Year over year, Argay Terrace home values have eased, with the typical home value down around 11 percent in this rolling three-month view. Listing prices have been more stable, slipping only slightly compared with a year ago. Supply has grown modestly, with active listings up about 5 percent while the share of homes selling above list price has fallen notably.
Looking at the latest rolling three months through June 2026, buyers are seeing a typical home value of about $490,000 and a median list price near $540,000. Homes are taking longer to sell than a year ago, with the median days on market rising from about 10 days to 19 days, even as the average sale-to-list ratio is holding just under 100 percent.
Inventory has loosened, with months of supply increasing to 2.7 in Argay Terrace, roughly in line with Portland overall at 2.8 months. Sales activity has cooled somewhat, as homes sold are down about 11 percent year over year while pending sales are slightly higher, suggesting interest is still present but more selective. This mix of softer prices, more supply, and fewer bidding wars gives buyers more room to negotiate, while sellers still benefit from a seller-leaning market, and Agent Pronto can help both buyers and sellers connect with a local agent who understands these shifts.
