Is Rockcreek, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rockcreek has remained a Seller's Market.
Housing Prices in Rockcreek, OR
How much do homes in Rockcreek, OR cost?
Median Sold Price
$648,331
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rockcreek was $648,331 in May 2024, up 5.8% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $288K | $271K | -5.9% |
2 Bedrooms | $391.7K | $367.5K | -6.2% |
3 Bedrooms | $570K | $554.6K | -2.7% |
4 Bedrooms | $720.3K | $733K | +1.8% |
5+ Bedrooms | $925K | $929.9K | 0.5% |
Summary: Rockcreek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
Rockcreek | $613K | $648.3K | +5.8% |
Hillsboro | $514.5K | $537.6K | +4.5% |
Beaverton-Hillsboro | $565.1K | $574.7K | +1.7% |
Portland West | $621.9K | $630K | +1.3% |
Beaverton | $534.9K | $534.8K | 0% |
Housing Supply in Rockcreek, OR
How many homes are available in Rockcreek, OR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
284 | 314 | +10.6% |
Summary: The Rockcreek real estate market had 314 homes for sale in May 2024, a 10.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 42 | 46 | +9.5% |
3 Bedrooms | 77 | 85 | +10.4% |
4 Bedrooms | 97 | 109 | +12.4% |
5+ Bedrooms | 63 | 70 | +11.1% |
Summary: The Rockcreek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
54 | 59 | +9.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Rockcreek in May 2024, up by 9.3% month-over-month. Of the 59 sold homes, 32% were sold under asking, 29% were sold at asking, and 39% were sold over asking.
Days on Market for Rockcreek, OR
How long does it take to sell a home in Rockcreek, OR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 34 Days | +62.3% |
Summary: Homes in Rockcreek had an average of 34 days on market in May 2024, up by 62.3% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 59 homes were sold in Rockcreek; 68% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.