First American Market Report

Sherwood, OR

Single-Family Homes

First American Title Company | www.firstam.com



Sherwood, OR

Fri Dec 13 2019
This week the median list price for Sherwood, OR is $837,400 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has held steady at or around 40. Click here to stay informed with the Sherwood market!

Market Action Index

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

Strong Seller's Market

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 and prices have recently resumed upward pressure.

Sherwood, OR

Fri Dec 13 2019
This week the median list price for Sherwood, OR is $837,400 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has held steady at or around 40. Click here to stay informed with the Sherwood market!

Market Action Index

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

Strong Seller's Market

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 and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Sherwood market.
Median List Price $837,400
Per Square Foot $244
Days on Market 228
Price Decreased 43%
Price Increased 5%
Relisted 13%
Inventory 40
Median Rent $1,995
Most Expensive $4,595,000
Least Expensive $369,900
Market Action 46
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$1,819,000 4,870 10 - 20 acres 4 3 22 0 0 672
$984,500 4,083 2.5 - 5 acres 4 3 23 1 0 83
$592,050 2,862 4,500 - 6,500 sqft 4 2 14 0 1 86
$425,000 1,771 4,500 - 6,500 sqft 4 2 22 2 1 68