Is South Beaverton, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Beaverton is a seller's market

Buyer's
Market

Difference Since November 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

$635,500

$320/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,500(+1.8%)

Key Takeaway

Homes in South Beaverton have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in South Beaverton was $635,500 in November 2024, up 1.8% from last year, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $285K$325K
+14.0%
3 $597K$590K
-1.2%
4 $662.5K$673.7K
+1.7%
5+ $715K-
N/A

Summary: South Beaverton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 1.7%, 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

Oct 2024Nov 2024CHANGE
2512-52.0%

Summary: The South Beaverton real estate market had 12 homes for sale in November 2024, a 52.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 41
-75.0%
3 137
-46.2%
4 84
-50.0%
5+ 00
0.0%

Summary: The South Beaverton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes decreased by 46.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
164-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Beaverton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in South Beaverton in November 2024, down by 75.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
34 Days15 Days-55.1%

Summary: Homes in South Beaverton had an average of 15 days on market in Nov 2024, down by 55.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Beaverton are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in South Beaverton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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