Single-Family Homes
Mon Dec 02 2024
This week the median list price for Phoenix, OR 97535 is $395,000 with the market action index hovering around 32. This is less than last month's market action index of 39. Inventory has increased to 10.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $395,000 | |
Median Price of New Listings | $414,500 | |
Per Square Foot | $262 | |
Average Days on Market | 92 | |
Median Days on Market | 39 | |
Price Decreased | 40% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 10 | |
Median Rent | ||
Market Action | 32 | |
Slight Seller's Advantage |
Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$939,500 | 4,960 | 0.25 - 0.5 acre | 4 | 3 | 18 | 0 | 0 | 115 |
$482,000 | 2,040 | 8,000 - 10,000 sqft | 4 | 2.3 | 52 | 1 | 0 | 119 |
$390,000 | 1,256 | 8,000 - 10,000 sqft | 3 | 2 | 34 | 1 | 0 | 28 |
$349,000 | 1,133 | 4,500 - 6,500 sqft | 2 | 2 | 45 | 0 | 1 | 14 |