Is Central Beaverton, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Central Beaverton is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Central Beaverton was a Buyer's Market.

Key Takeaway

Central Beaverton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Central Beaverton, OR

How much do homes in Central Beaverton, OR cost?

Median Sold Price

$453,000

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,000(+6.6%)

Key Takeaway

Homes in Central Beaverton have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Central Beaverton was $453,000 in October 2024, up 6.6% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $280K$290.4K
+3.7%
2 $371K$368K
-0.8%
3 $531.2K$520K
-2.1%
4 $725.3K$565K
-22.1%
5+ $777K$875K
+12.6%

Summary: Central Beaverton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes increased by 12.6%.

Median Sold Price Compared To Nearby Neighborhoods

Central Beaverton
+6.6%
Cedar Hills
-9.9%

Housing Supply in Central Beaverton, OR

How many homes are available in Central Beaverton, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5552-5.5%

Summary: The Central Beaverton real estate market had 52 homes for sale in October 2024, a 5.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 2018
-10.0%
3 1918
-5.3%
4 97
-22.2%
5+ 24
+100.0%

Summary: The Central Beaverton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Central Beaverton, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Central Beaverton in October 2024, down by 30.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.

Days on Market for Central Beaverton, OR

How long does it take to sell a home in Central Beaverton, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days32 Days-6.3%

Summary: Homes in Central Beaverton had an average of 32 days on market in Oct 2024, down by 6.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Central Beaverton are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Central Beaverton; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Central Beaverton, OR

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