First American Market Report

Sherwood, OR

Single-Family Homes

First American Title Company | www.firstam.com



Sherwood, OR

Fri Aug 14 2020
This week the median list price for Sherwood, OR is $637,450 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has held steady at or around 32. 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

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.

Sherwood, OR

Fri Aug 14 2020
This week the median list price for Sherwood, OR is $637,450 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has held steady at or around 32. 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

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 Sherwood market.
Median List Price $637,450
Per Square Foot $259
Days on Market 96
Price Decreased 31%
Price Increased 6%
Relisted 9%
Inventory 32
Median Rent
Most Expensive $2,200,000
Least Expensive $380,000
Market Action 58
Strong Seller's Market

Despite this week’s down 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
$1,495,000 5,167 2.5 - 5 acres 4 4 23 2 2 160
$757,499 2,738 0.5 - 1 acre 3 3 40 0 0 119
$571,500 2,827 6,500 - 8,000 sqft 4 2 20 3 1 45
$469,900 1,505 6,500 - 8,000 sqft 3 2 26 4 1 58