$10,000 Closing Credit*
$870,000
2,722 SqFt
4 Beds
•3 Full Baths
Dirk Hmura, Cathi Render, Listing Office: The Agency Portland
Is Bridlemile, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bridlemile was a Seller's Market.
Key Takeaway
Bridlemile is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bridlemile, OR
How much do homes in Bridlemile, OR cost?
Median Sold Price
$839,000
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,000(-1.3%)
Key Takeaway
Homes in Bridlemile have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Bridlemile was $839,000 in November 2024, down 1.3% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $390K | N/A |
| 2 Bedrooms | $646K | $506.2K | -21.6% |
| 3 Bedrooms | $670K | $682.5K | +1.9% |
| 4 Bedrooms | $1.0M | $912.5K | -9.2% |
| 5+ Bedrooms | $995K | $1.0M | +9.5% |
Summary: Bridlemile housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in Bridlemile, OR
How many homes are available in Bridlemile, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Summary: The Bridlemile real estate market had 32 homes for sale in November 2024, a 8.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Bridlemile 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bridlemile, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bridlemile in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Bridlemile, OR
How long does it take to sell a home in Bridlemile, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 26 Days | +25.0% |
Summary: Homes in Bridlemile had an average of 26 days on market in Nov 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridlemile are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Bridlemile; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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