First American Market Report
Rickreall, OR
Single-Family Homes
First American Title Company | www.firstam.com
Rickreall, OR
Sat Dec 21 2024
This week the median list price for Rickreall, OR is $799,000 with the market action index hovering around 24. This is less than last month's market action index of 27. Inventory has decreased to 3.
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
| Median List Price | $799,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $505 | |
| Average Days on Market | 135 | |
| Median Days on Market | 168 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 24 | |
| Slight Buyer's Advantage | ||
Click for more charts
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
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 |
|---|---|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| $1,749,000 | 2,320 | N/A | 2 | 2.5 | 34 | 0 | 0 | 70 |
| $799,000 | 1,580 | 0.5 - 1 acre | 3 | 1 | 104 | 0 | 0 | 168 |
| $799,000 | 1,580 | 0.5 - 1 acre | 3 | 1 | 104 | 0 | 0 | 168 |