Is Tualatin, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Tualatin was a Seller's Market.
Housing Prices in Tualatin, OR
How much do homes in Tualatin, OR cost?
Median Sold Price
$635,000
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Tualatin was $635,000 in February 2024, up 0.2% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | - | N/A |
2 Bedrooms | $332.5K | $327.4K | -1.5% |
3 Bedrooms | $575K | $579.5K | +0.8% |
4 Bedrooms | $746.1K | $742.5K | -0.5% |
5+ Bedrooms | $852.5K | $866.5K | +1.6% |
Summary: Tualatin housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in Tualatin, OR
How many homes are available in Tualatin, OR?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
113 | 124 | +9.7% |
Summary: The Tualatin real estate market had 124 homes for sale in February 2024, a 9.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 50 | 53 | +6.0% |
4 Bedrooms | 33 | 37 | +12.1% |
5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Tualatin housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Tualatin in February 2024, down by 9.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
51 Days | 27 Days | -47.3% |
Summary: Homes in Tualatin had an average of 27 days on market in Feb 2024, down by 47.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 10 homes were sold in Tualatin; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.