Should You Sell Your Home in 2025? Key Market Insights & Considerations

If you’re a homeowner in the Portland metro suburbs—including Clackamas County and the North Willamette Valley—you may be asking, “Should I sell my home in 2025, or is it better to wait?” It’s a big decision, and with the market shifting, having the right information is critical.

Let’s explore what’s happening in the market, where interest rates may be headed, and whether now is the right time for you to make a move.

Portland Metro Real Estate Market Overview

As we enter 2025, the Portland metro housing market is showing signs of stabilization after years of rapid changes. According to recent data:

• New listings have increased by 13.6% compared to last year, meaning more homes are entering the market.
• Pending sales are up 15.2%, showing strong buyer interest.
• The average home price in January 2025 rose to $626,300, a 6.3% increase from the previous year.
• However, homes are spending longer on the market, with an average of 88 days before selling—indicating buyers are more selective.

Canby Market Snapshot

• Median list price: $673,500
• Average days on market: 113
• Active inventory: 36 homes

While demand remains steady, homes are taking longer to sell, which suggests a shift toward a more balanced market compared to the frenzied pace of previous years.

How Interest Rates Impact Your Decision

Interest rates play a huge role in whether selling now makes sense. Currently, the average mortgage rate is around 6.87%. Predictions from Fannie Mae and the Mortgage Bankers Association suggest that rates may stabilize around 6.5% by late 2025, but there’s no certainty.

Many homeowners secured historically low mortgage rates in the 2-4% range over the past few years. If you’re one of them, upgrading to a new home could mean taking on a higher rate, increasing your monthly payments. However, strategies like interest rate buy-downs and leveraging built-up equity can help offset this challenge.

Reasons to Sell in 2025

While timing the market perfectly is nearly impossible, here are three compelling reasons why 2025 could be a great time to sell:

1. High Home Values – Home prices in Portland and surrounding areas remain strong, and sellers can still capture substantial equity gains.
2. Strong Buyer Demand – Pending sales have increased by 15.2%, signaling that motivated buyers are actively looking.
3. Lifestyle Changes – If your home no longer fits your needs—whether it’s downsizing, upsizing, or relocating—it may be time to move.

Reasons to Wait Before Selling

Not everyone should rush to list their home in 2025. Consider waiting if:

1. You’re Unsure About Your Next Move – If you haven’t solidified your next steps, selling now could add unnecessary stress.
2. Financial Considerations – If selling would result in higher monthly payments or out-of-pocket costs, waiting could be a better option.
3. Market Predictions Suggest a Price Dip – Some forecasts predict an 8% decrease in home values between 2025 and 2026. If true, this could impact your bottom line.

Alternatives to Selling: Should You Consider a Reverse Mortgage?

If you’re 62 or older and want to tap into home equity without selling, a reverse mortgage could be an option. This financial tool allows you to convert your home’s equity into cash while staying in your home—no monthly mortgage payments required.

Pros of a Reverse Mortgage

✅ No monthly mortgage payments
✅ Frees up cash for retirement or travel
✅ Allows you to stay in your home

Cons of a Reverse Mortgage

❌ Interest accumulates over time
❌ Could reduce inheritance for heirs
❌ Fees may be higher than a traditional mortgage

While reverse mortgages aren’t for everyone, they could be a viable solution for those looking to age in place. If you’re curious, I’d be happy to connect you with a trusted mortgage professional.

Top Mistakes Sellers Should Avoid in 2025

If you do decide to sell, avoid these common pitfalls to maximize your profit and reduce stress:

1. Overpricing Your Home

Pricing too high can scare buyers away and leave your home sitting on the market. Work with a local expert (like me!) to price your home competitively based on current market conditions.

2. Neglecting Necessary Repairs

Buyers will notice deferred maintenance! Address minor issues upfront or consider a pre-sale home inspection to avoid surprises.

3. Poor Home Presentation

A well-staged, clutter-free home sells faster and for more money. Consider professional staging, fresh paint, and curb appeal improvements.

4. Ignoring Market Trends

Monitor local trends, pricing shifts, and buyer demand. If homes are taking longer to sell, adjust your strategy accordingly.

5. Not Hiring a Professional

An experienced real estate agent can help you price, market, and negotiate effectively—saving you time and money.

Final Thoughts: Should You Sell in 2025?

The right answer depends on your personal situation. If you’re unsure whether selling now or waiting makes more sense, let’s chat! I can help you:

✔️ Analyze your home’s current value
✔️ Explore your options for maximizing equity
✔️ Create a strategy that aligns with your goals

💬 What do you think? Is now the right time to sell, or are you planning to wait? Drop a comment and let me know!

Thinking About Selling? Let’s Talk!

If you’re considering selling in 2025 and want a customized market analysis, I’d love to help. Call, text, or email me anytime to get started!