First American Market Report

Beaverton, OR 97005

Single-Family Homes

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Beaverton, OR 97005

Thu Mar 28 2024
This week the median list price for Beaverton, OR 97005 is $624,999 with the market action index hovering around 66. This is an increase over last month's market action index of 59. Inventory has decreased to 10. 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

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.

Beaverton, OR 97005

Thu Mar 28 2024
This week the median list price for Beaverton, OR 97005 is $624,999 with the market action index hovering around 66. This is an increase over last month's market action index of 59. Inventory has decreased to 10. 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

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 Beaverton market.
Median List Price $624,999
Median Price of New Listings $600,000
Per Square Foot $352
Average Days on Market 117
Median Days on Market 32
Price Decreased 30%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Market Action 66
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$924,500 2,379 0.25 - 0.5 acre 3 2.5 72 0 0 308
$692,499 2,325 8,000 - 10,000 sqft 4 2.5 63 1 0 66
$600,000 1,296 0.25 - 0.5 acre 3 2 68 1 2 7
$500,000 996 0 - 4,500 sqft 2 1 56 1 0 28