First American Market Report

Beaverton, OR

Single-Family Homes

First American Title Company | www.firstam.com



Beaverton, OR

Sun Aug 01 2021
This week the median list price for Beaverton, OR is $550,000 with the market action index hovering around 95. This is less than last month's market action index of 98. Inventory has increased to 134. 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

Sun Aug 01 2021
This week the median list price for Beaverton, OR is $550,000 with the market action index hovering around 95. This is less than last month's market action index of 98. Inventory has increased to 134. 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 $550,000
Median Price of New Listings $545,000
Per Square Foot $285
Average Days on Market 27
Median Days on Market 7
Price Decreased 15%
Price Increased 5%
Relisted 5%
Inventory 134
Median Rent $2,195
Market Action 95
Strong Seller's Market

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
$734,950 2,960 6,500 - 8,000 sqft 4 2 25 15 9 7
$599,900 2,288 6,500 - 8,000 sqft 4 2 32 14 8 7
$529,941 1,718 6,500 - 8,000 sqft 3 2 35 16 11 7
$450,950 1,400 4,500 - 6,500 sqft 3 2 42 18 14 3