First American Market Report

Happy Valley, OR

Single-Family Homes

First American Title Company | www.firstam.com



Happy Valley, OR

Sun May 31 2020
This week the median list price for Happy Valley, OR is $615,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 131. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Happy Valley, OR

Sun May 31 2020
This week the median list price for Happy Valley, OR is $615,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 131. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Happy Valley market.
Median List Price $615,000
Per Square Foot $211
Days on Market 104
Price Decreased 22%
Price Increased 18%
Relisted 10%
Inventory 131
Median Rent
Most Expensive $2,500,000
Least Expensive $389,900
Market Action 37
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
$934,499 4,640 0.25 - 0.5 acre 5 3 4 4 1 115
$689,950 3,172 8,000 - 10,000 sqft 4 3 0 3 3 130
$567,995 2,815 8,000 - 10,000 sqft 4 2 2 2 5 114
$489,900 2,297 6,500 - 8,000 sqft 3 2 0 6 6 57