First American Market Report

Dorena, OR

Single-Family Homes

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Dorena, OR

Sat Dec 21 2024
This week the median list price for Dorena, OR is $254,950 with the market action index hovering around 28. This is an increase over last month's market action index of 26. Inventory has increased to 6. Click here to stay informed with the Dorena market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

Dorena, OR

Sat Dec 21 2024
This week the median list price for Dorena, OR is $254,950 with the market action index hovering around 28. This is an increase over last month's market action index of 26. Inventory has increased to 6. Click here to stay informed with the Dorena market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

Real-Time Market Profile

Never miss important changes in the Dorena market.
Median List Price $254,950
Median Price of New Listings $0
Per Square Foot $219
Average Days on Market 156
Median Days on Market 172
Price Decreased 83%
Price Increased 17%
Relisted 17%
Inventory 6
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$550,000 896 0.5 - 1 acre 2 1 84 0 0 133
$425,000 1,404 0.5 - 1 acre 3 2 25 0 1 224
$254,950 985 0.5 - 1 acre 2 1 84 0 0 119
$106,950 1,166 0.5 - 1 acre 2 1 86 0 0 171