$6,531 Closing Credit*
$550,000
1,380 SqFt
4 Beds
•2 Full Baths
Emily Williamson, Listing Office: Hybrid Real Estate
Is Laurel Hill Valley, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Laurel Hill Valley has remained a Seller's Market.
Key Takeaway
Laurel Hill Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laurel Hill Valley, OR
How much do homes in Laurel Hill Valley, OR cost?
Median Sold Price
$610,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$16,835(-2.7%)
Key Takeaway
Homes in Laurel Hill Valley have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Laurel Hill Valley was $610,000 in September 2024, down 2.7% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $455K | $310.5K | -31.8% |
| 3 Bedrooms | $616.8K | $599.9K | -2.7% |
| 4 Bedrooms | $747.7K | $679.9K | -9.1% |
| 5+ Bedrooms | $633.2K | $1.1M | +83.2% |
Summary: Laurel Hill Valley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.8%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 83.2%.
Housing Supply in Laurel Hill Valley, OR
How many homes are available in Laurel Hill Valley, OR?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 32 | 26 | -18.8% |
Summary: The Laurel Hill Valley real estate market had 26 homes for sale in September 2024, a 18.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Laurel Hill Valley housing inventory by bedroom type for September 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 11.8%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Laurel Hill Valley, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Laurel Hill Valley in September 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Laurel Hill Valley, OR
How long does it take to sell a home in Laurel Hill Valley, OR?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 35 Days | 49 Days | +39.6% |
Summary: Homes in Laurel Hill Valley had an average of 49 days on market in Sep 2024, up by 39.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Laurel Hill Valley are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 9 homes were sold in Laurel Hill Valley; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.