First American Market Report

Dorena, OR

Single-Family Homes

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Dorena, OR

Tue Oct 15 2024
This week the median list price for Dorena, OR is $345,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has decreased 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

Home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.

Dorena, OR

Tue Oct 15 2024
This week the median list price for Dorena, OR is $345,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has decreased 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

Home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.

Real-Time Market Profile

Never miss important changes in the Dorena market.
Median List Price $345,000
Median Price of New Listings $0
Per Square Foot $283
Average Days on Market 90
Median Days on Market 102
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 26
Slight Buyer's Advantage

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$565,000 896 0.5 - 1 acre 2 1 84 0 0 70
$475,000 1,638 1 - 2.5 acres 2 2 45 0 0 28
$345,000 944 0.5 - 1 acre 2 1 81 0 0 112
$106,950 1,166 0.5 - 1 acre 2 1 86 0 0 108