First American Market Report

Gladstone, OR

Single-Family Homes

First American Title Company | www.firstam.com



Gladstone, OR

Tue Oct 15 2019
This week the median list price for Gladstone, OR is $469,900 with the market action index hovering around 45. This is less than last month's market action index of 52. Inventory has held steady at or around 27. Click here to stay informed with the Gladstone 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.

Gladstone, OR

Tue Oct 15 2019
This week the median list price for Gladstone, OR is $469,900 with the market action index hovering around 45. This is less than last month's market action index of 52. Inventory has held steady at or around 27. Click here to stay informed with the Gladstone 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 Gladstone market.
Median List Price $469,900
Per Square Foot $190
Days on Market 57
Price Decreased 59%
Price Increased 4%
Relisted 7%
Inventory 27
Median House Rent $1,995
Most Expensive $999,999
Least Expensive $315,000
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
$542,450 3,047 8,000 - 10,000 sqft 4 3 26 0 0 42
$489,000 2,766 8,000 - 10,000 sqft 4 3 42 0 0 64
$439,000 2,227 6,500 - 8,000 sqft 4 3 47 1 2 71
$349,900 1,130 0.25 - 0.5 acre 3 1 78 1 1 50