First American Market Report

Tigard, OR

Single-Family Homes

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Tigard, OR

Sun Aug 01 2021
This week the median list price for Tigard, OR is $627,450 with the market action index hovering around 93. This is less than last month's market action index of 96. Inventory has decreased to 44. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Tigard, OR

Sun Aug 01 2021
This week the median list price for Tigard, OR is $627,450 with the market action index hovering around 93. This is less than last month's market action index of 96. Inventory has decreased to 44. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Tigard market.
Median List Price $627,450
Median Price of New Listings $545,000
Per Square Foot $275
Average Days on Market 36
Median Days on Market 7
Price Decreased 18%
Price Increased 7%
Relisted 2%
Inventory 44
Median Rent
Market Action 93
Strong Seller's Market

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
$809,950 3,064 8,000 - 10,000 sqft 5 3 20 6 1 0
$699,000 3,010 8,000 - 10,000 sqft 4 2 26 1 3 7
$549,900 1,958 6,500 - 8,000 sqft 4 2 40 4 4 14
$495,000 1,603 8,000 - 10,000 sqft 3 2 55 6 6 0