First American Market Report

Amity, OR 97101

Single-Family Homes

First American Title Company | www.firstam.com



Amity, OR 97101

Sat Dec 21 2024
This week the median list price for Amity, OR 97101 is $749,499 with the market action index hovering around 31. This is an increase over last month's market action index of 25. Inventory has decreased to 12. Click here to stay informed with the Amity market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Amity, OR 97101

Sat Dec 21 2024
This week the median list price for Amity, OR 97101 is $749,499 with the market action index hovering around 31. This is an increase over last month's market action index of 25. Inventory has decreased to 12. Click here to stay informed with the Amity market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Amity market.
Median List Price $749,499
Median Price of New Listings $1,077,000
Per Square Foot $389
Average Days on Market 125
Median Days on Market 88
Price Decreased 42%
Price Increased 0%
Relisted 17%
Inventory 12
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,525,000 3,086 N/A 3 3.5 21 0 0 175
$1,077,000 1,691 10 - 20 acres 3 2.5 8 1 1 7
$699,000 2,006 1 - 2.5 acres 4 2.5 5 0 0 119
$424,900 1,440 6,500 - 8,000 sqft 3 2 104 0 1 42