$10,000 Closing Credit*
$995,000
3,748 SqFt
3 Beds
•3 Full Baths
Jane Tesdal, Daphne Tappert, Listing Office: Premiere Property Group, LLC
Is Chehalem Mountains, 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, Chehalem Mountains was a Seller's Market.
Key Takeaway
Chehalem Mountains is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chehalem Mountains, OR
How much do homes in Chehalem Mountains, OR cost?
Median Sold Price
$762,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$49,000(-6.0%)
Key Takeaway
Homes in Chehalem Mountains have sold for 6% less than they did a year ago.
Summary: The median home sold price in Chehalem Mountains was $762,000 in November 2024, down 6% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | $414.9K | +18.6% |
| 3 Bedrooms | $811K | $650K | -19.9% |
| 4 Bedrooms | $855K | $890K | +4.1% |
| 5+ Bedrooms | $859.7K | $1.0M | +21.5% |
Summary: Chehalem Mountains 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 increased by 18.6%, 3 bedroom homes decreased by 19.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Cities
| Cornelius | $496.3K | $514.5K | +3.7% |
| Beaverton-Hillsboro | $560.1K | $579.7K | +3.5% |
| Hillsboro | $523.1K | $535.4K | +2.4% |
| Forest Grove-Cornelius | $523.9K | $520.6K | -0.6% |
| Chehalem Mountains | $811K | $762K | -6.0% |
Housing Supply in Chehalem Mountains, OR
How many homes are available in Chehalem Mountains, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 22 | -15.4% |
Summary: The Chehalem Mountains real estate market had 22 homes for sale in November 2024, a 15.4% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Chehalem Mountains 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chehalem Mountains, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Chehalem Mountains in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Chehalem Mountains, OR
How long does it take to sell a home in Chehalem Mountains, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 169 Days | 4 Days | -97.3% |
Summary: Homes in Chehalem Mountains had an average of 4 days on market in Nov 2024, down by 97.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chehalem Mountains are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Chehalem Mountains; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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