Is Arbor Lodge, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Arbor Lodge has remained a Seller's Market.
Key Takeaway
Arbor Lodge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arbor Lodge, OR
How much do homes in Arbor Lodge, OR cost?
Median Sold Price
$540,000
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Arbor Lodge have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Arbor Lodge was $540,000 in April 2024, down 2.6% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252K | $222.4K | -11.7% |
| 2 Bedrooms | $418.7K | $396.5K | -5.3% |
| 3 Bedrooms | $585K | $570K | -2.6% |
| 4 Bedrooms | $630K | $685.3K | +8.8% |
| 5+ Bedrooms | $979K | $596.5K | -39.1% |
Summary: Arbor Lodge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 39.1%.
Housing Supply in Arbor Lodge, OR
How many homes are available in Arbor Lodge, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Summary: The Arbor Lodge real estate market had 20 homes for sale in April 2024, a 9.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Arbor Lodge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arbor Lodge, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Arbor Lodge in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Arbor Lodge, OR
How long does it take to sell a home in Arbor Lodge, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 19 Days | 21 Days | +11.1% |
Summary: Homes in Arbor Lodge had an average of 21 days on market in Apr 2024, up by 11.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Arbor Lodge are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Arbor Lodge; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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