Real Estate Analysis and Commentary

Oregon Housing Market Forecast 2023-2024

As of July 31, 2023, the average home value in Oregon is $496,690, which reflects a 3.3% decrease over the past year. Homes in Oregon are seeing quick activity, going pending in approximately 11 days.

Here are key home value indicators:

• Typical Home Values: $496,690
• 1-year Value Change: -3.3%
• Median Sale to List Ratio (June 30, 2023): 1.000
• Percent of Sales Over List Price (June 30, 2023): 38.9%
• Percent of Sales Under List Price (June 30, 2023): 39.9%
• Median Days to Pending (July 31, 2023): 11