First American Market Report

Beaverton, OR

Single-Family Homes

First American Title Company | www.firstam.com



Beaverton, OR

Fri Sep 20 2019
This week the median list price for Beaverton, OR is $469,900 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 324. Click here to stay informed with the Beaverton market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Beaverton, OR

Fri Sep 20 2019
This week the median list price for Beaverton, OR is $469,900 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 324. Click here to stay informed with the Beaverton market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Beaverton market.
Median List Price $469,900
Per Square Foot $219
Days on Market 65
Price Decreased 52%
Price Increased 4%
Relisted 14%
Inventory 324
Median House Rent $1,950
Most Expensive $1,475,000
Least Expensive $49,990
Market Action Index
Strong Seller's Market
48

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
$699,999 3,425 0.25 - 0.5 acre 4 3 20 9 7 101
$525,000 2,506 4,500 - 6,500 sqft 4 2 18 12 16 66
$430,000 1,901 6,500 - 8,000 sqft 4 2 29 11 9 54
$370,500 1,482 4,500 - 6,500 sqft 3 2 33 21 25 40