Is Sandy, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sandy was a Seller's Market.
Housing Prices in Sandy, OR
How much do homes in Sandy, OR cost?
Median Sold Price
$503,333
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sandy was $503,333 in March 2024, up 3.8% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $385K | N/A |
2 Bedrooms | $485K | $375K | -22.7% |
3 Bedrooms | $444.3K | $450K | +1.3% |
4 Bedrooms | $567.9K | $569K | 0.2% |
5+ Bedrooms | $631.9K | $900K | +42.4% |
Summary: Sandy housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 42.4%.
Median Sold Price Compared To Nearby Cities
Boring | $725K | $770K | +6.2% |
Sandy | $484.9K | $503.3K | +3.8% |
Mount Hood | $602K | $600K | -0.3% |
Housing Supply in Sandy, OR
How many homes are available in Sandy, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
98 | 109 | +11.2% |
Summary: The Sandy real estate market had 109 homes for sale in March 2024, a 11.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 48 | 54 | +12.5% |
4 Bedrooms | 33 | 36 | +9.1% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Sandy housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 17 | +240.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Sandy in March 2024, up by 240.0% month-over-month. Of the 17 sold homes, 6% were sold under asking, 35% were sold at asking, and 59% were sold over asking.
Days on Market for Sandy, OR
How long does it take to sell a home in Sandy, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 49 Days | -16.2% |
Summary: Homes in Sandy had an average of 49 days on market in Mar 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Sandy; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.