First American Market Report

Fairview, OR

Single-Family Homes

First American Title Company | www.firstam.com



Fairview, OR

Mon Apr 22 2019
This week the median list price for Fairview, OR is $549,500 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has held steady at or around 13. 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

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.

Fairview, OR

Mon Apr 22 2019
This week the median list price for Fairview, OR is $549,500 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has held steady at or around 13. 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

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 Fairview market.
Median List Price $549,500
Per Square Foot $212
Days on Market 111
Price Decreased 46%
Price Increased 8%
Relisted 23%
Inventory 13
Median House Rent $1,595
Most Expensive $990,000
Least Expensive $249,000
Market Action Index
Slight Seller's Advantage
43

The market seems to have paused around this plateau. 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
$699,947 3,552 0.25 - 0.5 acre 4 3 18 0 0 235
$569,934 2,632 0.25 - 0.5 acre 4 2 1 0 0 114
$514,900 2,737 4,500 - 6,500 sqft 4 3 18 1 0 88
$372,479 1,393 6,500 - 8,000 sqft 2 1 19 1 0 33