Is Beaverton, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Beaverton has remained a Seller's Market.
Housing Prices in Beaverton, OR
How much do homes in Beaverton, OR cost?
Median Sold Price
$530,888
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Beaverton was $530,888 in March 2024, down 2.8% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $251.5K | $262.4K | +4.4% |
2 Bedrooms | $365K | $361.5K | -1.0% |
3 Bedrooms | $532.1K | $518.2K | -2.6% |
4 Bedrooms | $675K | $650.6K | -3.6% |
5+ Bedrooms | $821.1K | $774K | -5.7% |
Summary: Beaverton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 5.7%.
Median Sold Price Compared To Nearby Cities
Rockcreek | $612.9K | $634.6K | +3.5% |
Portland | $536.7K | $539.4K | 0.5% |
Portland West | $633.4K | $624.9K | -1.4% |
Tigard | $611.6K | $596.5K | -2.5% |
Beaverton | $546K | $530.8K | -2.8% |
Housing Supply in Beaverton, OR
How many homes are available in Beaverton, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
746 | 803 | +7.6% |
Summary: The Beaverton real estate market had 803 homes for sale in March 2024, a 7.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 16 | +45.5% |
2 Bedrooms | 130 | 149 | +14.6% |
3 Bedrooms | 319 | 318 | -0.3% |
4 Bedrooms | 215 | 245 | +14.0% |
5+ Bedrooms | 71 | 75 | +5.6% |
Summary: The Beaverton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 45.5%, 2 bedroom homes increased by 14.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
109 | 141 | +29.4% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
62 Homes Were Sold
Over Asking
Summary: A total of 141 homes were sold or pending in Beaverton in March 2024, up by 29.4% month-over-month. Of the 141 sold homes, 29% were sold under asking, 27% were sold at asking, and 44% were sold over asking.
Days on Market for Beaverton, OR
How long does it take to sell a home in Beaverton, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 31 Days | -15.2% |
Summary: Homes in Beaverton had an average of 31 days on market in Mar 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
100 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During March 2024, 141 homes were sold in Beaverton; 71% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.