Is West Hills, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Hills was a Seller's Market.
Housing Prices in West Hills, OR
How much do homes in West Hills, OR cost?
Median Sold Price
$842,625
$353/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Hills was $842,625 in April 2024, up 0.7% from last year, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $300K | -3.2% |
2 Bedrooms | $469K | $481.6K | +2.7% |
3 Bedrooms | $899.9K | $865K | -3.9% |
4 Bedrooms | $1.2M | $1.1M | -10.7% |
5+ Bedrooms | $1.3M | $1.3M | -4.7% |
Summary: West Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 4.7%.
Housing Supply in West Hills, OR
How many homes are available in West Hills, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
157 | 195 | +24.2% |
Summary: The West Hills real estate market had 195 homes for sale in April 2024, a 24.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 26 | 28 | +7.7% |
2 Bedrooms | 38 | 47 | +23.7% |
3 Bedrooms | 32 | 39 | +21.9% |
4 Bedrooms | 37 | 46 | +24.3% |
5+ Bedrooms | 24 | 35 | +45.8% |
Summary: The West Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 45.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 26 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in West Hills in April 2024, the same as the previous month. Of the 26 sold homes, 58% were sold under asking, 8% were sold at asking, and 35% were sold over asking.
Days on Market for West Hills, OR
How long does it take to sell a home in West Hills, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 53 Days | +95.5% |
Summary: Homes in West Hills had an average of 53 days on market in Apr 2024, up by 95.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in West Hills; 54% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.