Gillott Home Team

Corvallis, OR

Single-Family Homes

Keller Williams Realty Mid-Willamette



Corvallis, OR

Wed Dec 11 2019
This week the median list price for Corvallis, OR is $445,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 155. Click here to stay informed with the Corvallis market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Corvallis, OR

Wed Dec 11 2019
This week the median list price for Corvallis, OR is $445,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 155. Click here to stay informed with the Corvallis market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Corvallis market.
Median List Price $445,000
Per Square Foot $213
Days on Market 112
Price Decreased 41%
Price Increased 2%
Relisted 13%
Inventory 155
Median Rent $1,695
Most Expensive $2,975,000
Least Expensive $169,900
Market Action 31
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$697,000 3,318 0.25 - 0.5 acre 4 3 23 0 5 171
$494,500 2,291 8,000 - 10,000 sqft 4 3 41 1 0 127
$395,000 1,997 8,000 - 10,000 sqft 3 2 41 2 2 85
$314,900 1,339 6,500 - 8,000 sqft 3 2 48 1 3 67