First American Market Report

Milwaukie, OR

Single-Family Homes

First American Title Company | www.firstam.com



Milwaukie, OR

Tue Jun 18 2019
This week the median list price for Milwaukie, OR is $435,000 with the market action index hovering around 60. This is less than last month's market action index of 64. Inventory has held steady at or around 118. Click here to stay informed with the Milwaukie market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Milwaukie, OR

Tue Jun 18 2019
This week the median list price for Milwaukie, OR is $435,000 with the market action index hovering around 60. This is less than last month's market action index of 64. Inventory has held steady at or around 118. Click here to stay informed with the Milwaukie market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Milwaukie market.
Median List Price $435,000
Per Square Foot $217
Days on Market 57
Price Decreased 37%
Price Increased 2%
Relisted 13%
Inventory 118
Median House Rent
Most Expensive $2,485,000
Least Expensive $57,000
Market Action Index
Strong Seller's Market
60

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$599,000 2,702 0.25 - 0.5 acre 4 3 27 4 1 66
$485,000 2,263 0.25 - 0.5 acre 4 2 51 4 2 43
$399,900 1,879 8,000 - 10,000 sqft 3 2 52 10 2 79
$339,450 1,563 6,500 - 8,000 sqft 3 1 65 10 8 39