First American Market Report

Gresham, OR

Single-Family Homes

First American Title Company | www.firstam.com



Gresham, OR

Fri Sep 20 2019
This week the median list price for Gresham, OR is $419,000 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 175. Click here to stay informed with the Gresham market!

Market Action Index

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

Strong Seller's Market

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.

Gresham, OR

Fri Sep 20 2019
This week the median list price for Gresham, OR is $419,000 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 175. Click here to stay informed with the Gresham market!

Market Action Index

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

Strong Seller's Market

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 Gresham market.
Median List Price $419,000
Per Square Foot $204
Days on Market 78
Price Decreased 45%
Price Increased 3%
Relisted 7%
Inventory 175
Median House Rent $2,060
Most Expensive $1,425,000
Least Expensive $272,500
Market Action Index
Strong Seller's Market
50

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
$625,000 3,273 0.5 - 1 acre 4 3 21 3 6 164
$449,700 2,390 4,500 - 6,500 sqft 4 2 13 4 6 70
$384,925 1,883 6,500 - 8,000 sqft 3 2 40 11 11 38
$336,975 1,498 6,500 - 8,000 sqft 3 2 43 4 13 43