Is Sunnyslope, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunnyslope is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Sunnyslope has remained a Seller's Market.

Key Takeaway

Sunnyslope is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sunnyslope, OR

How much do homes in Sunnyslope, OR cost?

Median Sold Price

$455,250

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$9,750(+2.2%)

Key Takeaway

Homes in Sunnyslope have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Sunnyslope was $455,250 in May 2024, up 2.2% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $275K$235K
-14.5%
3 $424.9K$433.4K
+2.0%
4 $555K$514.9K
-7.2%
5+ $650K$705K
+8.5%

Summary: Sunnyslope housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.5%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 8.5%.

Housing Supply in Sunnyslope, OR

How many homes are available in Sunnyslope, OR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2221-4.5%

Summary: The Sunnyslope real estate market had 21 homes for sale in May 2024, a 4.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1614
-12.5%
4 66
0.0%
5+ 01
+100.0%

Summary: The Sunnyslope housing inventory by bedroom type for May 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 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunnyslope, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Sunnyslope in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Sunnyslope, OR

How long does it take to sell a home in Sunnyslope, OR?

Average Sale Time

May 2023May 2024CHANGE
75 Days95 Days+25.8%

Summary: Homes in Sunnyslope had an average of 95 days on market in May 2024, up by 25.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sunnyslope are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Sunnyslope; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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