Deschutes Title Market Report

Culver, OR

Single-Family Homes

deschutestitle.com


Culver, OR

Thu Dec 26 2024
This week the median list price for Culver, OR is $487,000 with the market action index hovering around 22. This is about the same as last month's market action index of 22. Inventory has held steady at or around 16. Click here to stay informed with the Culver 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 shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Culver, OR

Thu Dec 26 2024
This week the median list price for Culver, OR is $487,000 with the market action index hovering around 22. This is about the same as last month's market action index of 22. Inventory has held steady at or around 16. Click here to stay informed with the Culver 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 shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Culver market.
Median List Price $487,000
Median Price of New Listings $0
Per Square Foot $419
Average Days on Market 92
Median Days on Market 77
Price Decreased 13%
Price Increased 0%
Relisted 13%
Inventory 16
Median Rent
Market Action 22
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 level. 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
$1,647,000 2,115 N/A 3 2 44 0 0 66
$899,450 1,441 N/A 2 1.3 54 0 0 196
$415,000 1,826 6,500 - 8,000 sqft 3 2 18 0 0 17
$382,450 1,166 8,000 - 10,000 sqft 2 2 24 0 0 42