First American Market Report

Happy Valley, OR

Single-Family Homes

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Happy Valley, OR

Wed Jun 16 2021
This week the median list price for Happy Valley, OR is $854,995 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has held steady at or around 59. 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.

Strong Seller's Market

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

Wed Jun 16 2021
This week the median list price for Happy Valley, OR is $854,995 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has held steady at or around 59. 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.

Strong Seller's Market

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 $854,995
Median Price of New Listings $684,450
Per Square Foot $255
Average Days on Market 61
Median Days on Market 28
Price Decreased 17%
Price Increased 20%
Relisted 10%
Inventory 59
Median Rent
Market Action 59
Strong Seller's Market

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
$1,994,000 4,714 0.5 - 1 acre 4 4 0 1 2 52
$979,900 3,558 0.25 - 0.5 acre 5 3 5 1 3 84
$800,874 3,808 8,000 - 10,000 sqft 5 3 15 6 3 14
$599,900 2,564 8,000 - 10,000 sqft 4 3 27 10 7 0