$10,000 Closing Credit*
$999,990
2,885 SqFt
4 Beds
•2 Full Baths
Joe Buffington, Lindsay Deitch, Listing Office: Weekley Homes LLC
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 November 2023
At the same time last year, Tigard Area 12 was a Seller's Market.
Key Takeaway
Tigard Area 12 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Tigard Area 12, OR
How much do homes in Tigard Area 12, OR cost?
Median Sold Price
$707,950
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$49,550(-6.5%)
Key Takeaway
Homes in Tigard Area 12 have sold for 6.5% less than they did a year ago.
Summary: The median home sold price in Tigard Area 12 was $707,950 in November 2024, down 6.5% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $616.4K | $700K | +13.5% |
| 4 Bedrooms | $727K | $693.4K | -4.6% |
| 5+ Bedrooms | $809K | $782.5K | -3.3% |
Summary: Tigard Area 12 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 did not change, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 3.3%.
Housing Supply in Tigard Area 12, OR
How many homes are available in Tigard Area 12, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Tigard Area 12 real estate market had 21 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Tigard Area 12 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
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 November 2024, the same as the previous 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 44 Days | +24.0% |
Summary: Homes in Tigard Area 12 had an average of 44 days on market in Nov 2024, up by 24% 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 November 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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