First American Market Report

Hillsboro, OR

Single-Family Homes

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Hillsboro, OR

Sun Aug 01 2021
This week the median list price for Hillsboro, OR is $592,000 with the market action index hovering around 96. This is less than last month's market action index of 98. Inventory has decreased to 70. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Hillsboro, OR

Sun Aug 01 2021
This week the median list price for Hillsboro, OR is $592,000 with the market action index hovering around 96. This is less than last month's market action index of 98. Inventory has decreased to 70. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Hillsboro market.
Median List Price $592,000
Median Price of New Listings $500,000
Per Square Foot $289
Average Days on Market 31
Median Days on Market 14
Price Decreased 16%
Price Increased 11%
Relisted 10%
Inventory 70
Median Rent $2,195
Market Action 96
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$899,900 2,914 1 - 2.5 acres 4 3 26 4 1 28
$649,900 2,512 8,000 - 10,000 sqft 4 2 16 3 5 14
$541,900 2,010 6,500 - 8,000 sqft 4 2 22 9 9 14
$425,000 1,387 6,500 - 8,000 sqft 3 2 42 11 12 0