First American Market Report

Happy Valley, OR

Single-Family Homes

First American Title Company | www.firstam.com



Happy Valley, OR

Mon Apr 22 2019
This week the median list price for Happy Valley, OR is $629,960 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 103. Click here to stay informed with the Happy Valley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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.

Happy Valley, OR

Mon Apr 22 2019
This week the median list price for Happy Valley, OR is $629,960 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 103. Click here to stay informed with the Happy Valley market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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 Happy Valley market.
Median List Price $629,960
Per Square Foot $204
Days on Market 128
Price Decreased 37%
Price Increased 8%
Relisted 4%
Inventory 103
Median House Rent $2,575
Most Expensive $2,999,900
Least Expensive $349,800
Market Action Index
Slight Seller's Advantage
37

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$939,960 4,543 0.25 - 0.5 acre 5 3 6 1 0 249
$677,000 3,201 8,000 - 10,000 sqft 4 3 12 2 5 109
$582,999 2,704 8,000 - 10,000 sqft 4 2 12 3 2 93
$489,500 2,553 8,000 - 10,000 sqft 4 2 22 5 7 64