First American Market Report

Milwaukie, OR

Single-Family Homes

First American Title Company | www.firstam.com



Milwaukie, OR

Wed Jul 17 2019
This week the median list price for Milwaukie, OR is $439,950 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has held steady at or around 131. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Wed Jul 17 2019
This week the median list price for Milwaukie, OR is $439,950 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has held steady at or around 131. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $439,950
Per Square Foot $213
Days on Market 60
Price Decreased 44%
Price Increased 4%
Relisted 9%
Inventory 131
Median House Rent
Most Expensive $2,299,900
Least Expensive $57,000
Market Action Index
Strong Seller's Market
56

The market is 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
$598,500 2,924 0.25 - 0.5 acre 4 3 26 2 4 75
$485,000 2,168 8,000 - 10,000 sqft 4 2 43 3 3 47
$399,999 2,018 8,000 - 10,000 sqft 3 2 50 4 10 67
$349,000 1,460 6,500 - 8,000 sqft 3 2 51 8 8 52