$5,936 Closing Credit*
$499,900
1,520 SqFt
3 Beds
•1 Full Bath
Carie Serrano, Listing Office: Check Point Realty
Is Northwest Clackamas, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Northwest Clackamas has remained a Seller's Market.
Key Takeaway
Northwest Clackamas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northwest Clackamas, OR
How much do homes in Northwest Clackamas, OR cost?
Median Sold Price
$637,929
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,076(+3.4%)
Key Takeaway
Homes in Northwest Clackamas have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Northwest Clackamas was $637,929 in November 2024, up 3.4% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257K | $258.2K | 0.5% |
| 2 Bedrooms | $409K | $395K | -3.4% |
| 3 Bedrooms | $549.9K | $560.4K | +1.9% |
| 4 Bedrooms | $743.5K | $740.2K | -0.4% |
| 5+ Bedrooms | $889.5K | $895.7K | +0.7% |
Summary: Northwest Clackamas housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Gladstone | $485K | $511K | +5.4% |
| Northwest Clackamas | $616.8K | $637.9K | +3.4% |
| Oregon City | $587.3K | $599.3K | +2.0% |
| West Linn | $775K | $779.3K | +0.6% |
Housing Supply in Northwest Clackamas, OR
How many homes are available in Northwest Clackamas, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,140 | 1,009 | -11.5% |
Summary: The Northwest Clackamas real estate market had 1,009 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 17 | -10.5% |
| 2 Bedrooms | 83 | 85 | +2.4% |
| 3 Bedrooms | 452 | 383 | -15.3% |
| 4 Bedrooms | 412 | 361 | -12.4% |
| 5+ Bedrooms | 174 | 163 | -6.3% |
Summary: The Northwest Clackamas housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 268 | 212 | -20.9% |
Asking Price vs. Sold Price
97 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
64 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Clackamas, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.
Summary: A total of 212 homes were sold or pending in Northwest Clackamas in November 2024, down by 20.9% month-over-month. Of the 212 sold homes, 46% were sold under asking, 24% were sold at asking, and 30% were sold over asking.
Days on Market for Northwest Clackamas, OR
How long does it take to sell a home in Northwest Clackamas, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 48 Days | +28.4% |
Summary: Homes in Northwest Clackamas had an average of 48 days on market in Nov 2024, up by 28.4% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
56 Homes Were Sold
In 30 - 90 Days
40 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northwest Clackamas are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 212 homes were sold in Northwest Clackamas; 55% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 19% 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.