$10,000 Closing Credit*
$1,290,000
3,292 SqFt
4 Beds
•3 Full Baths
John DeCosta, Listing Office: Keller Williams Realty Portland Premiere
Is West Linn, 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, West Linn has remained a Seller's Market.
Key Takeaway
West Linn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Linn, OR
How much do homes in West Linn, OR cost?
Median Sold Price
$779,333
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,333(+0.6%)
Key Takeaway
Homes in West Linn have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in West Linn was $779,333 in November 2024, up 0.6% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $244.9K | $259K | +5.7% |
| 2 Bedrooms | $379K | $385K | +1.6% |
| 3 Bedrooms | $642.5K | $652.5K | +1.6% |
| 4 Bedrooms | $904.5K | $875K | -3.3% |
| 5+ Bedrooms | $1.0M | $1.1M | +10.7% |
Summary: West Linn housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Gladstone | $485K | $511K | +5.4% |
| Lake Oswego | $885K | $918K | +3.7% |
| 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 West Linn, OR
How many homes are available in West Linn, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 | 129 | -11.6% |
Summary: The West Linn real estate market had 129 homes for sale in November 2024, a 11.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 46 | 33 | -28.3% |
| 4 Bedrooms | 47 | 48 | +2.1% |
| 5+ Bedrooms | 32 | 27 | -15.6% |
Summary: The West Linn housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 28.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 15.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 34 | +17.2% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Linn, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in West Linn in November 2024, up by 17.2% month-over-month. Of the 34 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for West Linn, OR
How long does it take to sell a home in West Linn, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 73 Days | +45.2% |
Summary: Homes in West Linn had an average of 73 days on market in Nov 2024, up by 45.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Linn are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in West Linn; 38% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 35% 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.