$8,966 Closing Credit*
$755,000
2,492 SqFt
4 Beds
•3 Full Baths
Randy Smith, Listing Office: Georgetown Realty Inc.
Is 97015, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 97015 has remained a Seller's Market.
Key Takeaway
97015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97015, OR
How much do homes in 97015, OR cost?
Median Sold Price
$585,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-0.8%)
Key Takeaway
Homes in 97015 have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in 97015 was $585,000 in November 2024, down 0.8% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $220.5K | 0.2% |
| 2 Bedrooms | $354.5K | $415K | +17.1% |
| 3 Bedrooms | $552.5K | $560K | +1.4% |
| 4 Bedrooms | $640K | $649K | +1.4% |
| 5+ Bedrooms | $717.9K | $670K | -6.7% |
Summary: 97015 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in 97015, OR
How many homes are available in 97015, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 60 | -13.0% |
Summary: The 97015 real estate market had 60 homes for sale in November 2024, a 13.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 24 | 19 | -20.8% |
| 4 Bedrooms | 30 | 25 | -16.7% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 97015 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97015, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 97015 in November 2024, the same as the previous month. Of the 15 sold homes, 27% were sold under asking, 33% were sold at asking, and 40% were sold over asking.
Days on Market for 97015, OR
How long does it take to sell a home in 97015, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 18 Days | -40.2% |
Summary: Homes in 97015 had an average of 18 days on market in Nov 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97015 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 97015; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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