First American Market Report

Tigard, OR

Single-Family Homes

First American Title Company | www.firstam.com



Tigard, OR

Tue Feb 19 2019
This week the median list price for Tigard, OR is $550,724 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has held steady at or around 92. Click here to stay informed with the Tigard market!

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Tigard, OR

Tue Feb 19 2019
This week the median list price for Tigard, OR is $550,724 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has held steady at or around 92. Click here to stay informed with the Tigard market!

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Tigard market.
Median List Price $550,724
Per Square Foot $218
Days on Market 104
Price Decreased 46%
Price Increased 17%
Relisted 23%
Inventory 92
Median House Rent
Most Expensive $1,555,000
Least Expensive $315,000
Market Action Index
Slight Seller's Advantage
41

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
$849,000 3,560 0.25 - 0.5 acre 4 3 16 1 2 169
$598,900 2,790 4,500 - 6,500 sqft 4 2 17 2 2 103
$492,000 2,415 4,500 - 6,500 sqft 4 2 15 3 5 80
$410,000 1,636 4,500 - 6,500 sqft 3 2 35 7 7 63