First American Market Report

Gresham, OR

Single-Family Homes

First American Title Company | www.firstam.com



Gresham, OR

Sun May 31 2020
This week the median list price for Gresham, OR is $449,944 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 88. 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

Sun May 31 2020
This week the median list price for Gresham, OR is $449,944 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 88. 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 $449,944
Per Square Foot $214
Days on Market 70
Price Decreased 27%
Price Increased 1%
Relisted 6%
Inventory 88
Median Rent
Most Expensive $5,500,000
Least Expensive $235,000
Market Action 54
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$699,450 3,813 0.5 - 1 acre 4 3 24 4 3 145
$484,900 2,376 8,000 - 10,000 sqft 4 2 23 4 3 42
$416,500 1,922 8,000 - 10,000 sqft 4 2 29 5 8 59
$347,000 1,388 6,500 - 8,000 sqft 3 2 48 9 8 33