First American Market Report

West Linn, OR

Single-Family Homes

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West Linn, OR

Sun Aug 01 2021
This week the median list price for West Linn, OR is $998,950 with the market action index hovering around 80. This is less than last month's market action index of 84. Inventory has increased to 52. 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.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. 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.

West Linn, OR

Sun Aug 01 2021
This week the median list price for West Linn, OR is $998,950 with the market action index hovering around 80. This is less than last month's market action index of 84. Inventory has increased to 52. 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.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. 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 West Linn market.
Median List Price $998,950
Median Price of New Listings $899,500
Per Square Foot $287
Average Days on Market 49
Median Days on Market 14
Price Decreased 27%
Price Increased 10%
Relisted 4%
Inventory 52
Median Rent $2,600
Market Action 80
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,888,000 6,660 5 - 10 acres 4 4 22 2 1 35
$1,195,000 4,361 0.25 - 0.5 acre 5 4 32 2 2 28
$929,000 3,531 8,000 - 10,000 sqft 4 3 20 6 7 14
$699,900 2,586 8,000 - 10,000 sqft 3 2 31 6 10 7