Is Washington County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Washington County has remained a Seller's Market.
Housing Prices in Washington County, OR
How much do homes in Washington County, OR cost?
Median Sold Price
$580,922
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Washington County was $580,922 in June 2024, up 1.4% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $259K | $249.1K | -3.8% |
2 Bedrooms | $385K | $385K | 0.0% |
3 Bedrooms | $529.2K | $535K | +1.1% |
4 Bedrooms | $690.7K | $690.9K | 0.0% |
5+ Bedrooms | $849.9K | $840.5K | -1.1% |
Summary: Washington County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 1.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Counties
Washington County | $572.7K | $580.9K | +1.4% |
Yamhill County | $476.9K | $479.9K | +0.6% |
Columbia County | $437.6K | $440K | 0.5% |
Multnomah County | $502K | $500K | -0.4% |
Tillamook County | $547.9K | $512.5K | -6.5% |
Housing Supply in Washington County, OR
How many homes are available in Washington County, OR?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2,588 | 2,601 | +0.5% |
Summary: The Washington County real estate market had 2,601 homes for sale in June 2024, a 0.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 35 | 34 | -2.9% |
2 Bedrooms | 326 | 344 | +5.5% |
3 Bedrooms | 980 | 949 | -3.2% |
4 Bedrooms | 884 | 899 | +1.7% |
5+ Bedrooms | 363 | 375 | +3.3% |
Summary: The Washington County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 3.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
684 | 614 | -10.2% |
Asking Price vs. Sold Price
213 Homes Were Sold
Under Asking
164 Homes Were Sold
At Asking
237 Homes Were Sold
Over Asking
Summary: A total of 614 homes were sold or pending in Washington County in June 2024, down by 10.2% month-over-month. Of the 614 sold homes, 35% were sold under asking, 27% were sold at asking, and 39% were sold over asking.
Days on Market for Washington County, OR
How long does it take to sell a home in Washington County, OR?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
21 Days | 35 Days | +62.5% |
Summary: Homes in Washington County had an average of 35 days on market in Jun 2024, up by 62.5% compared to last year.
Breakdown of Home Sale Times
436 Homes Were Sold
Under 30 Days
118 Homes Were Sold
In 30 - 90 Days
60 Homes Were Sold
Over 90 Days
Summary: During June 2024, 614 homes were sold in Washington County; 71% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.