First American Market Report

Happy Valley, OR

Single-Family Homes

First American Title Company | www.firstam.com



Happy Valley, OR

Fri Aug 14 2020
This week the median list price for Happy Valley, OR is $649,900 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has held steady at or around 137. Click here to stay informed with the Happy Valley market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Happy Valley, OR

Fri Aug 14 2020
This week the median list price for Happy Valley, OR is $649,900 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has held steady at or around 137. Click here to stay informed with the Happy Valley market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Happy Valley market.
Median List Price $649,900
Per Square Foot $220
Days on Market 96
Price Decreased 22%
Price Increased 18%
Relisted 8%
Inventory 137
Median Rent
Most Expensive $2,500,000
Least Expensive $99,000
Market Action 39
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$986,940 4,655 0.25 - 0.5 acre 4 4 9 1 0 143
$740,495 3,195 8,000 - 10,000 sqft 4 3 0 2 5 109
$570,955 2,628 6,500 - 8,000 sqft 4 2 0 8 8 65
$503,550 2,213 4,500 - 6,500 sqft 4 2 0 4 11 68