Gillott Home Team

Sweet Home, OR

Single-Family Homes

Keller Williams Realty Mid-Willamette



Sweet Home, OR

Wed Dec 11 2019
This week the median list price for Sweet Home, OR is $259,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 95. Click here to stay informed with the Sweet Home market!

Market Action Index

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

Slight Seller's Advantage

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Sweet Home, OR

Wed Dec 11 2019
This week the median list price for Sweet Home, OR is $259,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 95. Click here to stay informed with the Sweet Home market!

Market Action Index

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

Slight Seller's Advantage

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Sweet Home market.
Median List Price $259,000
Per Square Foot $171
Days on Market 93
Price Decreased 37%
Price Increased 5%
Relisted 41%
Inventory 95
Median Rent $1,095
Most Expensive $1,300,000
Least Expensive $69,000
Market Action 30
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$450,000 2,064 1 - 2.5 acres 3 2 19 4 1 147
$279,900 1,655 0.25 - 0.5 acre 3 2 38 2 2 104
$235,000 1,384 8,000 - 10,000 sqft 3 2 40 5 0 66
$175,000 1,037 6,500 - 8,000 sqft 3 1 74 1 1 56