Is McCormick Pier Condo, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, McCormick Pier Condo has remained a Buyer's Market.
Key Takeaway
McCormick Pier Condo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in McCormick Pier Condo, OR
How much do homes in McCormick Pier Condo, OR cost?
Median Sold Price
$257,500
$279/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in McCormick Pier Condo have sold for 9.6% less than they did a month ago.
Summary: The median home sold price in McCormick Pier Condo was $257,500 in April 2024, down 9.6% from last month, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $230K | N/A |
| 2 Bedrooms | $285K | $285K | 0.0% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: McCormick Pier Condo housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Old Town-Chinatown | $261.3K | $257.5K | -1.5% |
| McCormick Pier Condo | $285K | $257.5K | -9.6% |
Housing Supply in McCormick Pier Condo, OR
How many homes are available in McCormick Pier Condo, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The McCormick Pier Condo real estate market had 21 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 13 | +8.3% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The McCormick Pier Condo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McCormick Pier Condo, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in McCormick Pier Condo in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for McCormick Pier Condo, OR
How long does it take to sell a home in McCormick Pier Condo, OR?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 211 Days | +955.0% |
Summary: Homes in McCormick Pier Condo had an average of 211 days on market in Apr 2024, up by 955% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in McCormick Pier Condo are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 2 homes were sold in McCormick Pier Condo; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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