Your Local Market Report

Beaverton, OR 97006

Single-Family Homes

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Beaverton, OR 97006

Sat Jul 27 2024
This week the median list price for Beaverton, OR 97006 is $649,900 with the market action index hovering around 60. This is less than last month's market action index of 63. Inventory has increased to 29. Click here to stay informed with the Beaverton market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Beaverton, OR 97006

Sat Jul 27 2024
This week the median list price for Beaverton, OR 97006 is $649,900 with the market action index hovering around 60. This is less than last month's market action index of 63. Inventory has increased to 29. Click here to stay informed with the Beaverton market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Beaverton market.
Median List Price $649,900
Median Price of New Listings $499,900
Per Square Foot $336
Average Days on Market 48
Median Days on Market 35
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 29
Median Rent
Market Action 60
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$849,900 2,639 8,000 - 10,000 sqft 4 2.5 54 1 2 35
$694,900 2,330 4,500 - 6,500 sqft 4 2.5 24 0 2 35
$599,900 1,817 4,500 - 6,500 sqft 4 2.5 32 0 0 49
$499,450 1,428 0 - 4,500 sqft 3 2.5 28 4 0 3