$7,006 Closing Credit*
$589,999
1,386 SqFt
3 Beds
•2 Full Baths
Kevin McDonald, Joelle Lewis, Listing Office: eXp Realty, LLC
Is South Beaverton, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Beaverton has remained a Seller's Market.
Key Takeaway
South Beaverton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Beaverton, OR
How much do homes in South Beaverton, OR cost?
Median Sold Price
$627,500
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,500(-2.0%)
Key Takeaway
Homes in South Beaverton have sold for 2% less than they did a year ago.
Summary: The median home sold price in South Beaverton was $627,500 in October 2024, down 2% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $317K | $324.5K | +2.4% |
| 3 Bedrooms | $586.5K | $597K | +1.8% |
| 4 Bedrooms | $672.5K | $666.8K | -0.8% |
| 5+ Bedrooms | $715K | - | N/A |
Summary: South Beaverton 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 increased by 2.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes did not change.
Housing Supply in South Beaverton, OR
How many homes are available in South Beaverton, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The South Beaverton real estate market had 24 homes for sale in October 2024, a 11.1% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Beaverton 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 remained the same, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 16 | +220.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Beaverton, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in South Beaverton in October 2024, up by 220.0% month-over-month. Of the 16 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for South Beaverton, OR
How long does it take to sell a home in South Beaverton, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 40 Days | +253.5% |
Summary: Homes in South Beaverton had an average of 40 days on market in Oct 2024, up by 253.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Beaverton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in South Beaverton; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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