Hello everyone, and welcome back to Shawn Realty’s market update for October 2024. I’m Shawn Yu, your REALTOR® here in Beaverton, Oregon.
Let’s dive right into the data. Currently, we are seeing a Months Supply of Inventory at 2.55, which is a slight increase of 25.62% over the last 12 months. This means that there are still properties available for buyers, but the market is becoming more balanced.
When it comes to the List to Sold Price percentage, we are seeing a strong 99.8%, indicating that sellers are receiving close to their asking price. This is great news for those looking to sell their home in Beaverton.
The median days on market is sitting at 22, which is relatively low, showing that homes are moving quickly in this market. And the median Sold Price is currently at $574,950, showcasing the value of properties in the area.
Overall, the Beaverton real estate market continues to show stability and strength. If you are thinking of selling your home, feel free to reach out to me at Shawn Realty. You can also contact me if you are just curious about the market trends.
Thank you for tuning in, and I look forward to helping you navigate the Beaverton real estate market.
Pro tip
In a market like this, pricing and marketing correctly can make a huge difference between successful sales or not. “Testing the market” and slightly over pricing your listing can result in your property sitting on the market. You may also lose the momentum to net the most proceeds.
Shawn Realty 