First American Market Report

Tigard, OR

Single-Family Homes

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Tigard, OR

Tue Oct 15 2019
This week the median list price for Tigard, OR is $539,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 131. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Tigard, OR

Tue Oct 15 2019
This week the median list price for Tigard, OR is $539,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 131. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Tigard market.
Median List Price $539,000
Per Square Foot $223
Days on Market 75
Price Decreased 50%
Price Increased 3%
Relisted 18%
Inventory 131
Median House Rent $2,095
Most Expensive $1,399,000
Least Expensive $319,000
Market Action Index
Strong Seller's Market
45

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
$797,394 3,795 0.25 - 0.5 acre 4 3 20 2 2 119
$594,900 2,885 8,000 - 10,000 sqft 4 2 19 3 7 83
$489,000 2,232 4,500 - 6,500 sqft 4 2 18 9 11 52
$395,000 1,486 6,500 - 8,000 sqft 3 2 39 9 9 44