First American Market Report

Gladstone, OR

Single-Family Homes

First American Title Company | www.firstam.com



Gladstone, OR

Mon Apr 22 2019
This week the median list price for Gladstone, OR is $429,000 with the market action index hovering around 81. This is an increase over last month's market action index of 72. Inventory has held steady at or around 13. Click here to stay informed with the Gladstone market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Gladstone, OR

Mon Apr 22 2019
This week the median list price for Gladstone, OR is $429,000 with the market action index hovering around 81. This is an increase over last month's market action index of 72. Inventory has held steady at or around 13. Click here to stay informed with the Gladstone market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Gladstone market.
Median List Price $429,000
Per Square Foot $188
Days on Market 54
Price Decreased 15%
Price Increased 8%
Relisted 23%
Inventory 13
Median House Rent $1,598
Most Expensive $550,000
Least Expensive $215,000
Market Action Index
Strong Seller's Market
81

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$519,900 2,900 0.25 - 0.5 acre 5 3 25 1 0 149
$475,000 2,595 0.25 - 0.5 acre 5 3 44 1 0 23
$410,000 1,710 6,500 - 8,000 sqft 4 2 43 2 1 2
$327,500 1,768 8,000 - 10,000 sqft 3 2 53 2 2 45