First American Market Report

Tigard, OR

Single-Family Homes

First American Title Company | www.firstam.com



Tigard, OR

Fri Aug 14 2020
This week the median list price for Tigard, OR is $575,000 with the market action index hovering around 62. This is an increase over last month's market action index of 54. Inventory has held steady at or around 83. Click here to stay informed with the Tigard market!

Market Action Index

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

Strong Seller's Market

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

Fri Aug 14 2020
This week the median list price for Tigard, OR is $575,000 with the market action index hovering around 62. This is an increase over last month's market action index of 54. Inventory has held steady at or around 83. Click here to stay informed with the Tigard market!

Market Action Index

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

Strong Seller's Market

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 $575,000
Per Square Foot $233
Days on Market 54
Price Decreased 31%
Price Increased 6%
Relisted 4%
Inventory 83
Median Rent $1,725
Most Expensive $1,349,000
Least Expensive $39,999
Market Action 62
Strong Seller's Market

The market appears to be 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
$749,725 3,443 0.25 - 0.5 acre 5 3 4 4 5 75
$629,900 2,641 6,500 - 8,000 sqft 4 2 5 4 5 74
$545,000 2,258 6,500 - 8,000 sqft 4 2 22 5 5 37
$425,000 1,660 4,500 - 6,500 sqft 3 2 41 7 9 29