First American Market Report

Happy Valley, OR

Single-Family Homes

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Happy Valley, OR

Sun Aug 01 2021
This week the median list price for Happy Valley, OR is $859,900 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has increased to 61. 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

Sun Aug 01 2021
This week the median list price for Happy Valley, OR is $859,900 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has increased to 61. 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 $859,900
Median Price of New Listings $742,450
Per Square Foot $279
Average Days on Market 77
Median Days on Market 42
Price Decreased 20%
Price Increased 5%
Relisted 8%
Inventory 61
Median Rent
Market Action 60
Strong Seller's Market

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
$1,988,000 4,500 1 - 2.5 acres 4 4 0 0 1 98
$936,995 3,205 8,000 - 10,000 sqft 4 3 4 3 2 42
$799,995 3,227 6,500 - 8,000 sqft 4 3 15 5 6 56
$617,450 2,526 6,500 - 8,000 sqft 4 2 14 8 11 3