First American Market Report

Fairview, OR

Single-Family Homes

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Fairview, OR

Tue Jun 18 2019
This week the median list price for Fairview, OR is $405,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 19. Click here to stay informed with the Fairview 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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Fairview, OR

Tue Jun 18 2019
This week the median list price for Fairview, OR is $405,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 19. Click here to stay informed with the Fairview 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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Fairview market.
Median List Price $405,000
Per Square Foot $220
Days on Market 97
Price Decreased 58%
Price Increased 5%
Relisted 26%
Inventory 19
Median House Rent
Most Expensive $989,000
Least Expensive $70,900
Market Action Index
Slight Seller's Advantage
43

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$604,467 2,926 0.25 - 0.5 acre 4 2 9 0 1 274
$489,900 2,556 6,500 - 8,000 sqft 3 2 18 1 0 79
$359,900 1,654 4,500 - 6,500 sqft 3 2 18 1 2 47
$299,900 1,062 6,500 - 8,000 sqft 3 1 50 2 1 22