$7,689 Closing Credit*
$647,500
1,611 SqFt
3 Beds
•2 Full Baths
Eddie Knippel, Dawn Knippel, Listing Office: MORE Realty
Is Beaverton-Hillsboro, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Beaverton-Hillsboro has remained a Seller's Market.
Key Takeaway
Beaverton-Hillsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beaverton-Hillsboro, OR
How much do homes in Beaverton-Hillsboro, OR cost?
Median Sold Price
$579,976
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,961(+3.7%)
Key Takeaway
Homes in Beaverton-Hillsboro have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Beaverton-Hillsboro was $579,976 in October 2024, up 3.7% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $250K | -2.0% |
| 2 Bedrooms | $380K | $385.4K | +1.4% |
| 3 Bedrooms | $527.3K | $539.8K | +2.4% |
| 4 Bedrooms | $684.5K | $689.2K | +0.7% |
| 5+ Bedrooms | $804K | $840K | +4.5% |
Summary: Beaverton-Hillsboro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Rockcreek | $626K | $662.9K | +5.9% |
| Beaverton-Hillsboro | $559K | $579.9K | +3.7% |
| Hillsboro | $517.8K | $536.7K | +3.7% |
| Beaverton | $530.9K | $544.4K | +2.5% |
| Chehalem Mountains | $811K | $799.5K | -1.4% |
Housing Supply in Beaverton-Hillsboro, OR
How many homes are available in Beaverton-Hillsboro, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,913 | 1,898 | -0.8% |
Summary: The Beaverton-Hillsboro real estate market had 1,898 homes for sale in October 2024, a 0.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 42 | 48 | +14.3% |
| 2 Bedrooms | 279 | 272 | -2.5% |
| 3 Bedrooms | 740 | 746 | +0.8% |
| 4 Bedrooms | 620 | 594 | -4.2% |
| 5+ Bedrooms | 232 | 238 | +2.6% |
Summary: The Beaverton-Hillsboro housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 2.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 410 | 411 | 0.2% |
Asking Price vs. Sold Price
156 Homes Were Sold
Under Asking
142 Homes Were Sold
At Asking
113 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beaverton-Hillsboro, you may be able to get a good deal. 38% of homes here sold below asking price last month.
Summary: A total of 411 homes were sold or pending in Beaverton-Hillsboro in October 2024, up by 0.2% month-over-month. Of the 411 sold homes, 38% were sold under asking, 35% were sold at asking, and 27% were sold over asking.
Days on Market for Beaverton-Hillsboro, OR
How long does it take to sell a home in Beaverton-Hillsboro, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 48 Days | +57.5% |
Summary: Homes in Beaverton-Hillsboro had an average of 48 days on market in Oct 2024, up by 57.5% compared to last year.
Breakdown of Home Sale Times
218 Homes Were Sold
Under 30 Days
120 Homes Were Sold
In 30 - 90 Days
73 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beaverton-Hillsboro are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 411 homes were sold in Beaverton-Hillsboro; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.