First American Market Report

Hillsboro, OR

Single-Family Homes

First American Title Company | www.firstam.com



Hillsboro, OR

Wed Jun 16 2021
This week the median list price for Hillsboro, OR is $554,900 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has increased to 56. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Hillsboro, OR

Wed Jun 16 2021
This week the median list price for Hillsboro, OR is $554,900 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has increased to 56. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Hillsboro market.
Median List Price $554,900
Median Price of New Listings $519,000
Per Square Foot $293
Average Days on Market 26
Median Days on Market 0
Price Decreased 11%
Price Increased 7%
Relisted 4%
Inventory 56
Median Rent $2,095
Market Action 100
Strong Seller's Market

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
$1,399,500 4,302 5 - 10 acres 4 3 21 3 1 28
$634,500 2,639 8,000 - 10,000 sqft 4 3 17 7 6 3
$539,995 1,785 6,500 - 8,000 sqft 3 2 26 7 7 3
$435,000 1,399 6,500 - 8,000 sqft 3 2 36 12 12 0