First American Market Report

West Linn, OR

Single-Family Homes

First American Title Company | www.firstam.com



West Linn, OR

Fri Sep 20 2019
This week the median list price for West Linn, OR is $779,900 with the market action index hovering around 36. This is less than last month's market action index of 40. Inventory has held steady at or around 125. Click here to stay informed with the West Linn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

West Linn, OR

Fri Sep 20 2019
This week the median list price for West Linn, OR is $779,900 with the market action index hovering around 36. This is less than last month's market action index of 40. Inventory has held steady at or around 125. Click here to stay informed with the West Linn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 West Linn market.
Median List Price $779,900
Per Square Foot $234
Days on Market 107
Price Decreased 50%
Price Increased 8%
Relisted 12%
Inventory 125
Median House Rent $2,200
Most Expensive $15,000,000
Least Expensive $300,000
Market Action Index
Slight Seller's Advantage
36

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
$1,680,000 6,400 2.5 - 5 acres 5 4 20 0 1 196
$859,900 3,783 0.25 - 0.5 acre 4 3 19 1 3 81
$699,900 3,353 0.25 - 0.5 acre 4 2 28 0 5 82
$504,999 2,265 0.25 - 0.5 acre 3 2 40 6 3 72