Oak Hills Real Estate Market Extends Growth in Contracts

Home sales rose to 15 homes sold over the last 30 days, providing a boost to the Oak Hills market. That may continue, due to a three-week upward trend for contracts, with 18 in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Potential buyers should note that prices went up in Oak Hills, with the median for this period rising from $365,000 to $380,000. The higher trending contracts numbers and the fact that there is a lower-than-normal one month of inventory to work through indicate that Oak Hills is a solid seller's market.

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Demographic facts for Oak Hills:

  • The population has increased 24.9% over the past 10 years.
  • The area's safety rating is 70. (Scale: 1 = Worst, 100 = Best)
  • The area's average commute to work is 27 minutes.

Data reported through 10/12/2016

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Eleete Real Estate
Snapped 8 homes in this area
RE/MAX Equity Group - Lake Oswego
Snapped 8 homes in this area
Nexthome Realty Connection
Snapped 2 homes in this area

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