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