First American Market Report

Happy Valley, OR

Single-Family Homes

First American Title Company | www.firstam.com



Happy Valley, OR

Tue Oct 15 2019
This week the median list price for Happy Valley, OR is $629,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 165. 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 has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Happy Valley, OR

Tue Oct 15 2019
This week the median list price for Happy Valley, OR is $629,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 165. 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 has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Happy Valley market.
Median List Price $629,000
Per Square Foot $203
Days on Market 105
Price Decreased 53%
Price Increased 8%
Relisted 11%
Inventory 165
Median House Rent $1,995
Most Expensive $1,999,999
Least Expensive $297,900
Market Action Index
Slight Seller's Advantage
38

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
$925,000 4,563 0.25 - 0.5 acre 5 3 6 3 1 140
$699,900 3,195 8,000 - 10,000 sqft 4 3 3 1 3 125
$579,960 2,957 8,000 - 10,000 sqft 4 3 6 2 3 92
$487,730 2,458 4,500 - 6,500 sqft 4 2 17 5 5 63