Is Tualatin, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Tualatin has remained a Seller's Market.
Key Takeaway
Tualatin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tualatin, OR
How much do homes in Tualatin, OR cost?
Median Sold Price
$635,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Tualatin have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Tualatin was $635,000 in April 2024, up 0.5% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $332.5K | $320K | -3.8% |
| 3 Bedrooms | $585K | $577.4K | -1.3% |
| 4 Bedrooms | $724.9K | $725K | 0.0% |
| 5+ Bedrooms | $839.7K | $925K | +10.2% |
Summary: Tualatin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 10.2%.
Housing Supply in Tualatin, OR
How many homes are available in Tualatin, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 100 | 106 | +6.0% |
Summary: The Tualatin real estate market had 106 homes for sale in April 2024, a 6.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 37 | 35 | -5.4% |
| 4 Bedrooms | 37 | 42 | +13.5% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Tualatin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tualatin, you may be able to get a good deal. 34.8% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Tualatin in April 2024, down by 8.0% month-over-month. Of the 23 sold homes, 35% were sold under asking, 35% were sold at asking, and 30% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 63 Days | +133.9% |
Summary: Homes in Tualatin had an average of 63 days on market in Apr 2024, up by 133.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 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 April 2024, 23 homes were sold in Tualatin; 48% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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