Ellie George's Market Report

White City, OR 97503

Single-Family Homes

Principal Broker/Owner #200502069 | Email: ellie@hqoregon.com | 541-601-9582


White City, OR 97503

Sat Sep 30 2023
This week the median list price for White City, OR 97503 is $409,450 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 20. Click here to stay informed with the White City 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.

White City, OR 97503

Sat Sep 30 2023
This week the median list price for White City, OR 97503 is $409,450 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 20. Click here to stay informed with the White City 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 White City market.
Median List Price $409,450
Median Price of New Listings $339,900
Per Square Foot $288
Average Days on Market 87
Median Days on Market 49
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 20
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,393,000 3,040 N/A 4 3 40 0 0 161
$525,000 1,643 10 - 20 acres 3 2 46 0 1 56
$340,000 1,251 6,500 - 8,000 sqft 3 2 0 1 2 28
$315,000 1,152 4,500 - 6,500 sqft 3 1.5 3 1 0 35