$8,075 Closing Credit*
$680,000
3,398 SqFt
5 Beds
•2 Full Baths
Li Lanz, Listing Office: Li Lanz Properties, LLC
Is Derry Dell / Tigard Area 10, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Derry Dell / Tigard Area 10 was a Seller's Market.
Key Takeaway
Derry Dell / Tigard Area 10 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Derry Dell / Tigard Area 10, OR
How much do homes in Derry Dell / Tigard Area 10, OR cost?
Median Sold Price
$630,000
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,550(+0.4%)
Key Takeaway
The sold price of homes in Derry Dell / Tigard Area 10 has remained the same since last year.
Summary: The median home sold price in Derry Dell / Tigard Area 10 was $630,000 in October 2024, up 0.4% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $448.7K | $399.9K | -10.9% |
| 3 Bedrooms | $580K | $582.9K | 0.5% |
| 4 Bedrooms | $668.9K | $649.9K | -2.8% |
| 5+ Bedrooms | $697.5K | $887.5K | +27.2% |
Summary: Derry Dell / Tigard Area 10 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 27.2%.
Housing Supply in Derry Dell / Tigard Area 10, OR
How many homes are available in Derry Dell / Tigard Area 10, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Summary: The Derry Dell / Tigard Area 10 real estate market had 19 homes for sale in October 2024, a 20.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 4 | -60.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Derry Dell / Tigard Area 10 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 remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Derry Dell / Tigard Area 10, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Derry Dell / Tigard Area 10 in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Derry Dell / Tigard Area 10, OR
How long does it take to sell a home in Derry Dell / Tigard Area 10, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 124 Days | +622.9% |
Summary: Homes in Derry Dell / Tigard Area 10 had an average of 124 days on market in Oct 2024, up by 622.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Derry Dell / Tigard Area 10 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Derry Dell / Tigard Area 10; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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