Is Chehalem Mountains, 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, Chehalem Mountains has remained a Seller's Market.
Housing Prices in Chehalem Mountains, OR
How much do homes in Chehalem Mountains, OR cost?
Median Sold Price
$795,250
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chehalem Mountains was $795,250 in April 2024, down 3% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $692.5K | $515K | -25.6% |
3 Bedrooms | $637.5K | $805K | +26.3% |
4 Bedrooms | $1.1M | $890K | -19.8% |
5+ Bedrooms | $1.1M | $745K | -36.6% |
Summary: Chehalem Mountains 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 25.6%, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes decreased by 36.6%.
Median Sold Price Compared To Nearby Cities
Cornelius | $479.9K | $515.3K | +7.4% |
Hillsboro | $515K | $536.5K | +4.2% |
Forest Grove-Cornelius | $515K | $524.4K | +1.8% |
Beaverton-Hillsboro | $568.3K | $571.6K | +0.6% |
Chehalem Mountains | $819.4K | $795.2K | -3.0% |
Housing Supply in Chehalem Mountains, OR
How many homes are available in Chehalem Mountains, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Summary: The Chehalem Mountains real estate market had 15 homes for sale in April 2024, a 15.4% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 4 | -33.3% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Chehalem Mountains 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Chehalem Mountains in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Chehalem Mountains, OR
How long does it take to sell a home in Chehalem Mountains, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
465 Days | 44 Days | -90.5% |
Summary: Homes in Chehalem Mountains had an average of 44 days on market in Apr 2024, down by 90.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Chehalem Mountains; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.