First American Market Report

Gresham, OR

Single-Family Homes

First American Title Company | www.firstam.com



Gresham, OR

Fri Aug 14 2020
This week the median list price for Gresham, OR is $465,225 with the market action index hovering around 72. This is an increase over last month's market action index of 63. Inventory has held steady at or around 68. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Gresham, OR

Fri Aug 14 2020
This week the median list price for Gresham, OR is $465,225 with the market action index hovering around 72. This is an increase over last month's market action index of 63. Inventory has held steady at or around 68. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Gresham market.
Median List Price $465,225
Per Square Foot $212
Days on Market 52
Price Decreased 25%
Price Increased 9%
Relisted 3%
Inventory 68
Median Rent
Most Expensive $5,500,000
Least Expensive $30,000
Market Action 72
Strong Seller's Market

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$725,000 3,760 1 - 2.5 acres 4 3 32 2 1 103
$494,950 2,429 6,500 - 8,000 sqft 4 2 12 9 8 28
$439,900 2,058 6,500 - 8,000 sqft 4 2 25 6 6 38
$344,900 1,608 6,500 - 8,000 sqft 3 2 47 9 9 37