First American Market Report

Forest Grove, OR

Single-Family Homes

First American Title Company | www.firstam.com



Forest Grove, OR

Fri Aug 14 2020
This week the median list price for Forest Grove, OR is $449,900 with the market action index hovering around 67. This is an increase over last month's market action index of 58. Inventory has held steady at or around 29. Click here to stay informed with the Forest Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Forest Grove, OR

Fri Aug 14 2020
This week the median list price for Forest Grove, OR is $449,900 with the market action index hovering around 67. This is an increase over last month's market action index of 58. Inventory has held steady at or around 29. Click here to stay informed with the Forest Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Forest Grove market.
Median List Price $449,900
Per Square Foot $225
Days on Market 64
Price Decreased 24%
Price Increased 3%
Relisted 0%
Inventory 29
Median Rent $1,448
Most Expensive $1,695,000
Least Expensive $179,900
Market Action 67
Strong Seller's Market

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
$1,100,000 3,349 1 - 2.5 acres 4 2 30 1 1 42
$525,000 2,302 6,500 - 8,000 sqft 4 2 2 1 3 93
$399,900 1,772 0.25 - 0.5 acre 3 2 0 0 2 83
$359,950 1,613 6,500 - 8,000 sqft 3 2 17 4 0 40