Is Redland, 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, Redland has remained a Buyer's Market.
Housing Prices in Redland, OR
How much do homes in Redland, OR cost?
Median Sold Price
$746,450
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Redland was $746,450 in April 2024, down 7.8% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $658K | $426.5K | -35.2% |
3 Bedrooms | $706K | $690K | -2.3% |
4 Bedrooms | $880K | $802.5K | -8.8% |
5+ Bedrooms | $850K | $823K | -3.2% |
Summary: Redland 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 35.2%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
Eagle Creek | $725K | $775K | +6.9% |
Damascus | $660K | $670K | +1.5% |
Northwest Clackamas | $620K | $625.4K | +0.9% |
Beavercreek | $705K | $696.5K | -1.2% |
Redland | $810K | $746.4K | -7.8% |
Housing Supply in Redland, OR
How many homes are available in Redland, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 22 | +29.4% |
Summary: The Redland real estate market had 22 homes for sale in April 2024, a 29.4% 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 | 2 | +100.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Redland 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Redland in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Redland, OR
How long does it take to sell a home in Redland, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
180 Days | 8 Days | -95.4% |
Summary: Homes in Redland had an average of 8 days on market in Apr 2024, down by 95.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Redland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.