First American Market Report

Sherwood, OR

Single-Family Homes

First American Title Company | www.firstam.com



Sherwood, OR

Fri Sep 20 2019
This week the median list price for Sherwood, OR is $542,500 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 79. 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.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Sherwood, OR

Fri Sep 20 2019
This week the median list price for Sherwood, OR is $542,500 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 79. 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.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Sherwood market.
Median List Price $542,500
Per Square Foot $242
Days on Market 157
Price Decreased 56%
Price Increased 1%
Relisted 11%
Inventory 79
Median House Rent $1,923
Most Expensive $4,750,000
Least Expensive $319,900
Market Action Index
Slight Seller's Advantage
40

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,494,000 4,189 5 - 10 acres 4 3 23 0 0 445
$697,450 2,950 8,000 - 10,000 sqft 4 2 14 2 4 108
$499,950 2,278 6,500 - 8,000 sqft 4 2 21 4 3 47
$405,000 1,636 4,500 - 6,500 sqft 3 2 22 3 4 40