Fidelity's Market Report

Tigard, OR

Single-Family Homes

Compliments of Fidelity National Title Company | www.fidelityportland.com



Tigard, OR

Mon Feb 06 2023
This week the median list price for Tigard, OR is $817,990 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 98. Click here to stay informed with the Tigard market!

Market Action Index

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

Slight Seller's Advantage

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.

Tigard, OR

Mon Feb 06 2023
This week the median list price for Tigard, OR is $817,990 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 98. Click here to stay informed with the Tigard market!

Market Action Index

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

Slight Seller's Advantage

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 Tigard market.
Median List Price $817,990
Median Price of New Listings $639,900
Per Square Foot $305
Average Days on Market 81
Median Days on Market 74
Price Decreased 50%
Price Increased 7%
Relisted 7%
Inventory 98
Median Rent
Market Action 36
Slight Seller's Advantage

The market seems to have paused around its high point. 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
$899,450 3,221 4,500 - 6,500 sqft 4 3 0 1 1 38
$839,995 2,744 4,500 - 6,500 sqft 4 2.5 0 0 0 129
$779,000 2,527 6,500 - 8,000 sqft 4 2.5 1 1 0 119
$659,990 2,059 4,500 - 6,500 sqft 3 2.5 22 3 7 28