$9,500 Closing Credit*
$800,000
3,715 SqFt
5 Beds
•3 Full Baths
Ashley Brose, Javin Frelin, Listing Office: John L. Scott Market Center
Is Tigard Area 12, 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, Tigard Area 12 has remained a Buyer's Market.
Key Takeaway
Tigard Area 12 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tigard Area 12, OR
How much do homes in Tigard Area 12, OR cost?
Median Sold Price
$715,900
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$54,100(-7.0%)
Key Takeaway
Homes in Tigard Area 12 have sold for 7% less than they did a year ago.
Summary: The median home sold price in Tigard Area 12 was $715,900 in October 2024, down 7% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $616.4K | $676.2K | +9.7% |
| 4 Bedrooms | $739.5K | $700K | -5.3% |
| 5+ Bedrooms | $809K | $790K | -2.4% |
Summary: Tigard Area 12 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 did not change, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in Tigard Area 12, OR
How many homes are available in Tigard Area 12, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The Tigard Area 12 real estate market had 22 homes for sale in October 2024, a 4.8% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Tigard Area 12 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 increased by 100%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tigard Area 12, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Tigard Area 12 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Tigard Area 12, OR
How long does it take to sell a home in Tigard Area 12, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 63 Days | 41 Days | -34.9% |
Summary: Homes in Tigard Area 12 had an average of 41 days on market in Oct 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tigard Area 12 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Tigard Area 12; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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