First American Market Report

Hillsboro, OR

Single-Family Homes

First American Title Company | www.firstam.com



Hillsboro, OR

Wed Dec 11 2019
This week the median list price for Hillsboro, OR is $503,673 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 170. Click here to stay informed with the Hillsboro market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Hillsboro, OR

Wed Dec 11 2019
This week the median list price for Hillsboro, OR is $503,673 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 170. Click here to stay informed with the Hillsboro market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Hillsboro market.
Median List Price $503,673
Per Square Foot $226
Days on Market 95
Price Decreased 44%
Price Increased 5%
Relisted 9%
Inventory 170
Median Rent $1,895
Most Expensive $6,500,000
Least Expensive $215,000
Market Action 40
Slight Seller's Advantage

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
$779,500 3,283 0.25 - 0.5 acre 4 3 0 2 2 141
$549,834 2,517 4,500 - 6,500 sqft 4 2 0 2 4 85
$447,950 1,947 4,500 - 6,500 sqft 3 2 16 6 4 65
$375,000 1,567 6,500 - 8,000 sqft 3 2 34 2 7 86