First American Market Report

Happy Valley, OR

Single-Family Homes

First American Title Company | www.firstam.com



Happy Valley, OR

Fri Dec 13 2019
This week the median list price for Happy Valley, OR is $618,950 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has held steady at or around 130. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Happy Valley, OR

Fri Dec 13 2019
This week the median list price for Happy Valley, OR is $618,950 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has held steady at or around 130. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Happy Valley market.
Median List Price $618,950
Per Square Foot $212
Days on Market 120
Price Decreased 38%
Price Increased 11%
Relisted 15%
Inventory 130
Median Rent $2,395
Most Expensive $2,250,000
Least Expensive $284,900
Market Action 34
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
$934,450 4,537 0.25 - 0.5 acre 5 3 5 2 2 171
$699,960 2,983 8,000 - 10,000 sqft 4 2 0 0 1 131
$569,950 2,751 8,000 - 10,000 sqft 4 2 0 1 2 82
$479,950 2,290 4,500 - 6,500 sqft 3 2 7 3 2 97