Hillsboro Real Estate Market Sees Sales Decline

The Hillsboro market slowed with a 3.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (123.7) with 154 homes sold. In comparison, nearby Portland had 771 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Hillsboro, with the median for this period rising from $315,000 to $318,200. There is only one month of inventory available in Hillsboro, so it's a definite seller's market, even with the decrease in sales.

Curious as to which homes have been getting the most attention in Hillsboro? These listings have stirred up interest and produced the most views:

$275K   $130K   $999K  

Get started right now by checking out Hillsboro homes for sale or reviewing Hillsboro real estate trends.

Demographic facts about Hillsboro:

  • The population growth rating is 75. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $10.92/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (34.2%), 15-29 min (31.9%), 30-44 min (18.7%), 45-59 min (7.8%), >60 min (7.4%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
John L. Scott Real Estate
Snapped 2 homes in this area
Coldwell Banker Seal - Portland West
Snapped 33 homes in this area
Orenco Realty
Snapped 2 homes in this area

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