Nearly half of all home sellers in the Portland-Vancouver-Hillsboro metro area have slashed their asking prices, marking one of the most aggressive repricing environments in the nation. The latest data from HousingWire shows 49.8% of active listings carried reduced prices as of Nov. 7, 2025, while homes lingered on the market for a median of 84 days. The widespread price cuts signal a fundamental shift in negotiating power as Portland's housing market moves firmly into buyer-favorable territory.