Is Derry Dell / Tigard Area 10, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Derry Dell / Tigard Area 10 is a neutral'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

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $448.7K$399.9K
-10.9%
3 $580K$582.9K
0.5%
4 $668.9K$649.9K
-2.8%
5+ $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 2024Oct 2024CHANGE
2419-20.8%

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

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 104
-60.0%
4 98
-11.1%
5+ 57
+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 2024Oct 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2023Oct 2024CHANGE
17 Days124 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

Breakdown of Home Sale Times

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.

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

Report Updated 5 Days Ago

Newest Listings in Derry Dell / Tigard Area 10, OR

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