Is Washington County, 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, Washington County was a Seller's Market.
Housing Prices in Washington County, OR
How much do homes in Washington County, OR cost?
Median Sold Price
$579,921
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Washington County was $579,921 in March 2024, the same as last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $250K | -3.8% |
2 Bedrooms | $390K | $385K | -1.3% |
3 Bedrooms | $535.2K | $534.9K | -0.1% |
4 Bedrooms | $699.9K | $695K | -0.7% |
5+ Bedrooms | $869.9K | $846.5K | -2.7% |
Summary: Washington County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Counties
Columbia County | $439.9K | $450K | +2.3% |
Yamhill County | $474.7K | $480.6K | +1.2% |
Washington County | $579.8K | $579.9K | 0.0% |
Tillamook County | $550K | $533K | -3.1% |
Multnomah County | $516.7K | $499.9K | -3.2% |
Housing Supply in Washington County, OR
How many homes are available in Washington County, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2,799 | 2,973 | +6.2% |
Summary: The Washington County real estate market had 2,973 homes for sale in March 2024, a 6.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 34 | 42 | +23.5% |
2 Bedrooms | 348 | 393 | +12.9% |
3 Bedrooms | 1,086 | 1,102 | +1.5% |
4 Bedrooms | 934 | 1,024 | +9.6% |
5+ Bedrooms | 397 | 412 | +3.8% |
Summary: The Washington County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.5%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 3.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
360 | 404 | +12.2% |
Asking Price vs. Sold Price
150 Homes Were Sold
Under Asking
111 Homes Were Sold
At Asking
143 Homes Were Sold
Over Asking
Summary: A total of 404 homes were sold or pending in Washington County in March 2024, up by 12.2% month-over-month. Of the 404 sold homes, 37% were sold under asking, 27% were sold at asking, and 35% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 42 Days | +9.8% |
Summary: Homes in Washington County had an average of 42 days on market in Mar 2024, up by 9.8% compared to last year.
Breakdown of Home Sale Times
254 Homes Were Sold
Under 30 Days
79 Homes Were Sold
In 30 - 90 Days
71 Homes Were Sold
Over 90 Days
Summary: During March 2024, 404 homes were sold in Washington County; 63% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.