First American Market Report

Canby, OR

Single-Family Homes

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Canby, OR

Wed Jun 16 2021
This week the median list price for Canby, OR is $699,000 with the market action index hovering around 79. This is less than last month's market action index of 82. Inventory has increased to 23. Click here to stay informed with the Canby market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Canby, OR

Wed Jun 16 2021
This week the median list price for Canby, OR is $699,000 with the market action index hovering around 79. This is less than last month's market action index of 82. Inventory has increased to 23. Click here to stay informed with the Canby market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Canby market.
Median List Price $699,000
Median Price of New Listings $474,900
Per Square Foot $289
Average Days on Market 35
Median Days on Market 14
Price Decreased 17%
Price Increased 9%
Relisted 0%
Inventory 23
Median Rent
Market Action 79
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,100,000 2,485 10 - 20 acres 4 2 101 0 0 56
$723,925 3,238 8,000 - 10,000 sqft 5 2 12 1 1 17
$607,475 2,370 8,000 - 10,000 sqft 4 2 12 3 2 3
$424,875 1,461 8,000 - 10,000 sqft 3 2 49 5 3 0