First American Market Report

Hillsboro, OR

Single-Family Homes

First American Title Company | www.firstam.com



Hillsboro, OR

Fri Sep 20 2019
This week the median list price for Hillsboro, OR is $485,950 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 216. 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

The market has started cooling and prices have recently plateaued. Since 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

Fri Sep 20 2019
This week the median list price for Hillsboro, OR is $485,950 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has held steady at or around 216. 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

The market has started cooling and prices have recently plateaued. Since 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 $485,950
Per Square Foot $227
Days on Market 82
Price Decreased 44%
Price Increased 4%
Relisted 12%
Inventory 216
Median House Rent $1,995
Most Expensive $6,500,000
Least Expensive $105,000
Market Action Index
Strong Seller's Market
48

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
$869,450 3,328 0.5 - 1 acre 4 3 0 2 3 132
$547,436 2,419 4,500 - 6,500 sqft 4 2 3 10 8 88
$442,450 2,091 4,500 - 6,500 sqft 4 2 15 9 4 55
$357,450 1,546 4,500 - 6,500 sqft 3 2 40 7 8 52