First American Market Report

Sherwood, OR

Single-Family Homes

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Sherwood, OR

Tue Oct 15 2019
This week the median list price for Sherwood, OR is $539,250 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 64. 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Sherwood, OR

Tue Oct 15 2019
This week the median list price for Sherwood, OR is $539,250 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 64. 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Sherwood market.
Median List Price $539,250
Per Square Foot $238
Days on Market 173
Price Decreased 55%
Price Increased 2%
Relisted 11%
Inventory 64
Median House Rent $2,263
Most Expensive $4,750,000
Least Expensive $349,900
Market Action Index
Slight Seller's Advantage
41

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
$1,496,500 4,223 5 - 10 acres 4 3 22 0 1 485
$638,950 2,970 8,000 - 10,000 sqft 4 2 18 1 1 108
$489,500 2,146 4,500 - 6,500 sqft 4 2 17 2 2 55
$412,000 1,577 4,500 - 6,500 sqft 3 2 21 3 1 42