First American Market Report

Fairview, OR

Single-Family Homes

First American Title Company | www.firstam.com



Current active inventory in Fairview, OR is very low. Keep this in mind when looking at this report.

Fairview, OR

Sun Aug 01 2021
This week the median list price for Fairview, OR is $399,950 with the market action index hovering around 86. This is less than last month's market action index of 90. Inventory has decreased to 3. Click here to stay informed with the Fairview market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Fairview, OR

Sun Aug 01 2021
This week the median list price for Fairview, OR is $399,950 with the market action index hovering around 86. This is less than last month's market action index of 90. Inventory has decreased to 3. Click here to stay informed with the Fairview market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Fairview market.
Median List Price $399,950
Median Price of New Listings $339,000
Per Square Foot $318
Average Days on Market 19
Median Days on Market 7
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 86
Strong Seller's Market

Despite this week’s down tic, price trends have generally been moving up lately. Prices are below the market’s high point, and so watch the Market Action Index as an indicator of how long this trend will last.

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
$399,950 1,255 4,500 - 6,500 sqft 3 2 23 1 2 7
$595,000 2,490 4,500 - 6,500 sqft 3 2 19 0 0 49
$399,950 1,255 0 - 4,500 sqft 3 2 23 0 1 7
$339,000 884 6,500 - 8,000 sqft 2 1 69 1 0 0