Is Tualatin, 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, Tualatin was a Seller's Market.
Key Takeaway
Tualatin is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Tualatin, OR
How much do homes in Tualatin, OR cost?
Median Sold Price
$633,700
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Tualatin has remained the same since last year.
Summary: The median home sold price in Tualatin was $633,700 in March 2024, the same as last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | - | N/A |
| 2 Bedrooms | $334.2K | $322.5K | -3.5% |
| 3 Bedrooms | $576.2K | $575K | -0.2% |
| 4 Bedrooms | $740.4K | $727.5K | -1.7% |
| 5+ Bedrooms | $852.5K | $923K | +8.3% |
Summary: Tualatin 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 3.5%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in Tualatin, OR
How many homes are available in Tualatin, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 128 | 149 | +16.4% |
Summary: The Tualatin real estate market had 149 homes for sale in March 2024, a 16.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 54 | 54 | 0.0% |
| 4 Bedrooms | 39 | 56 | +43.6% |
| 5+ Bedrooms | 19 | 21 | +10.5% |
Summary: The Tualatin housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 43.6%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 24 | +140.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tualatin, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Tualatin in March 2024, up by 140.0% month-over-month. Of the 24 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.
Days on Market for Tualatin, OR
How long does it take to sell a home in Tualatin, OR?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 46 Days | +33.8% |
Summary: Homes in Tualatin had an average of 46 days on market in Mar 2024, up by 33.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tualatin are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 24 homes were sold in Tualatin; 54% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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