First American Market Report

Tigard, OR

Single-Family Homes

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Tigard, OR

Wed Jun 16 2021
This week the median list price for Tigard, OR is $607,560 with the market action index hovering around 94. This is less than last month's market action index of 98. Inventory has increased to 50. 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

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

Wed Jun 16 2021
This week the median list price for Tigard, OR is $607,560 with the market action index hovering around 94. This is less than last month's market action index of 98. Inventory has increased to 50. 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

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 $607,560
Median Price of New Listings $566,950
Per Square Foot $276
Average Days on Market 28
Median Days on Market 0
Price Decreased 10%
Price Increased 8%
Relisted 4%
Inventory 50
Median Rent
Market Action 94
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$816,969 3,037 0.25 - 0.5 acre 4 2 9 4 0 14
$649,900 2,884 6,500 - 8,000 sqft 4 3 20 9 3 0
$559,000 1,969 4,500 - 6,500 sqft 4 2 35 7 3 0
$435,000 1,230 4,500 - 6,500 sqft 3 2 40 10 4 0