Is Central Beaverton, 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, Central Beaverton has remained a Seller's Market.
Key Takeaway
Central Beaverton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Beaverton, OR
How much do homes in Central Beaverton, OR cost?
Median Sold Price
$430,000
$342/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in Central Beaverton has remained the same since last year.
Summary: The median home sold price in Central Beaverton was $430,000 in April 2024, the same as last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $264.5K | $297.9K | +12.6% |
| 2 Bedrooms | $375K | $373.5K | -0.4% |
| 3 Bedrooms | $546K | $525K | -3.8% |
| 4 Bedrooms | $687.5K | $653.2K | -5.0% |
| 5+ Bedrooms | $747.5K | $849.9K | +13.7% |
Summary: Central Beaverton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Central Beaverton | $430K | $430K | 0.0% |
| Cedar Hills | $575K | $540K | -6.1% |
Housing Supply in Central Beaverton, OR
How many homes are available in Central Beaverton, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 47 | +34.3% |
Summary: The Central Beaverton real estate market had 47 homes for sale in April 2024, a 34.3% increase 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 | 17 | 19 | +11.8% |
| 3 Bedrooms | 7 | 13 | +85.7% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Central Beaverton 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 increased by 11.8%, 3 bedroom homes increased by 85.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Beaverton, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Central Beaverton in April 2024, up by 100.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for Central Beaverton, OR
How long does it take to sell a home in Central Beaverton, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 15 Days | -50.5% |
Summary: Homes in Central Beaverton had an average of 15 days on market in Apr 2024, down by 50.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Beaverton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Central Beaverton; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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.