First American Market Report

Happy Valley, OR

Single-Family Homes

First American Title Company | www.firstam.com



Happy Valley, OR

Fri Feb 28 2020
This week the median list price for Happy Valley, OR is $607,535 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 102. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Happy Valley, OR

Fri Feb 28 2020
This week the median list price for Happy Valley, OR is $607,535 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 102. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Happy Valley market.
Median List Price $607,535
Per Square Foot $220
Days on Market 125
Price Decreased 20%
Price Increased 16%
Relisted 6%
Inventory 102
Median Rent $2,900
Most Expensive $2,250,000
Least Expensive $406,900
Market Action 35
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
$879,900 4,226 0.25 - 0.5 acre 5 3 1 1 4 196
$669,960 2,732 8,000 - 10,000 sqft 4 3 0 0 2 132
$589,925 2,595 8,000 - 10,000 sqft 4 2 0 0 4 103
$476,472 2,366 0 - 4,500 sqft 3 2 1 4 6 71