First American Market Report

Canby, OR

Single-Family Homes

First American Title Company | www.firstam.com



Canby, OR

Mon Jul 22 2019
This week the median list price for Canby, OR is $488,675 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 62. Click here to stay informed with the Canby market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Canby, OR

Mon Jul 22 2019
This week the median list price for Canby, OR is $488,675 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 62. Click here to stay informed with the Canby market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Canby market.
Median List Price $488,675
Per Square Foot $231
Days on Market 96
Price Decreased 26%
Price Increased 13%
Relisted 6%
Inventory 62
Median House Rent $1,775
Most Expensive $2,100,000
Least Expensive $249,000
Market Action Index
Strong Seller's Market
49

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$639,900 3,169 0.25 - 0.5 acre 4 2 27 2 0 107
$517,450 2,494 8,000 - 10,000 sqft 4 2 4 5 2 115
$459,450 1,911 6,500 - 8,000 sqft 3 2 7 3 1 117
$402,475 1,852 6,500 - 8,000 sqft 3 2 27 5 3 47