First American Market Report

Hillsboro, OR

Single-Family Homes

First American Title Company | www.firstam.com



Hillsboro, OR

Sun May 31 2020
This week the median list price for Hillsboro, OR is $534,700 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 144. 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 been flat for several weeks. 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

Sun May 31 2020
This week the median list price for Hillsboro, OR is $534,700 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 144. 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 been flat for several weeks. 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 $534,700
Per Square Foot $232
Days on Market 88
Price Decreased 28%
Price Increased 8%
Relisted 7%
Inventory 144
Median Rent $2,095
Most Expensive $6,500,000
Least Expensive $249,900
Market Action 47
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
$829,500 3,351 2.5 - 5 acres 4 3 19 2 4 149
$572,650 2,597 6,500 - 8,000 sqft 4 2 0 5 4 75
$499,450 2,010 4,500 - 6,500 sqft 3 2 1 10 5 68
$388,450 1,687 0 - 4,500 sqft 3 2 18 4 4 57