Monday July 24, 2017
First American Title's
Executive Summary
EUGENE, OR 97403
Single Family Homes
This Week
The median list price in EUGENE, OR 97403 this week is $419,900.
The Market Action Index has been trending down lately, while
inventory and days-on-market are climbing. The trends imply a
weakening market.
Real-Time Market Profile
Trend
Median List Price
$ 419,900
Asking Price Per Square Foot
$ 210
Average Days on Market (DOM)
45
Percent of Properties with Price Decrease
28 %
Percent Relisted (reset DOM)
7%
Percent Flip (price increased)
0%
Median House Size (sq ft)
2120
Median Lot Size
8,001 - 10,000 sqft
Median Number of Bedrooms
4.0
±+
==
==
Median Number of Bathrooms
Supply and Demand
Market Action Index
The market has been cooling over time and prices have recently
flattened. Despite the consistent decrease in Market Action Index
(MAI), we're in a Seller's Market (where significant demand leaves
little inventory available). If the MAI begins to climb, prices will
likely follow suit. If the MAI drops consistently or falls into the
Buyer's zone, watch for downward pressure on prices.
±+
No change
2.5
Seller's Advantage
42.5
≠≠
== Strong upward trend ≠≠ Strong downward trend
= Slight upward trend ≠ Slight downward trend
Price
Market Action Index
Recently prices in this zip have settled at a plateau even though
they dipped this week. Look for a persistent up-shift in the
Market Action Index before we see prices significantly move
from these levels.
Price Trends
7-Day Rolling Average
90-Day Rolling Average
Buyer/Seller Cutoff
The Market Action Index answers the question "How's the
Market?" by measuring the current rate of sale versus the
amount of the inventory. Index above 30 implies Seller's
Market conditions. Below 30, conditions favor the buyer.
Quartiles
7-Day Rolling Average
Characteristics per Quartile
Quartile
Median Price
Sq. Ft.
Top/First
$ 895,000
Upper/Second
90-Day Rolling Average
Investigate the market in quartiles where each quartile is 25% of homes
ordered by price.
Lot Size
Beds
Baths
Age Inventory New Absorbed DOM
3490
0.25 - 0.50
acre
4.0
3.0
52
7
0
0
66
Most expensive 25% of properties
$ 499,000
2542
8,001 10,000 sqft
3.0
2.5
42
7
1
1
53
Upper-middle 25% of properties
Lower/Third
$ 399,000
1887
8,001 10,000 sqft
4.0
2.0
57
7
4
1
14
Lower-middle 25% of properties
Bottom/Fourth
$ 327,000
1645
6,501 8,000 sqft
3.0
2.0
42
8
2
1
46
Least expensive 25% of properties
First American Title Market Update
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2016 Altos Research LLC