First American Market Report

Tigard, OR

Single-Family Homes

First American Title Company | www.firstam.com



Tigard, OR

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Tigard, OR

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Tigard market.
Median List Price $524,475
Per Square Foot $214
Days on Market 64
Price Decreased 40%
Price Increased 2%
Relisted 11%
Inventory 130
Median House Rent
Most Expensive $1,499,000
Least Expensive $76,900
Market Action Index
Strong Seller's Market
51

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
$775,000 3,457 0.25 - 0.5 acre 4 3 18 2 3 123
$549,974 2,881 6,500 - 8,000 sqft 4 2 19 7 7 51
$479,500 2,157 4,500 - 6,500 sqft 4 2 19 5 7 36
$399,900 1,564 4,500 - 6,500 sqft 3 2 36 10 4 47