First American Market Report

Sherwood, OR

Single-Family Homes

First American Title Company | www.firstam.com



Sherwood, OR

Mon Apr 22 2019
This week the median list price for Sherwood, OR is $749,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 61. Click here to stay informed with the Sherwood 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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Sherwood, OR

Mon Apr 22 2019
This week the median list price for Sherwood, OR is $749,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 61. Click here to stay informed with the Sherwood 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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Sherwood market.
Median List Price $749,000
Per Square Foot $239
Days on Market 169
Price Decreased 20%
Price Increased 2%
Relisted 11%
Inventory 61
Median House Rent $2,185
Most Expensive $4,750,000
Least Expensive $415,000
Market Action Index
Slight Seller's Advantage
38

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,759,000 4,581 10 - 20 acres 4 3 20 0 0 436
$999,999 4,467 5 - 10 acres 4 4 27 1 0 187
$638,000 2,574 4,500 - 6,500 sqft 4 2 5 1 0 41
$446,450 2,048 6,500 - 8,000 sqft 4 2 23 8 6 24