TTSD’s Mission is to Educate Every Child. We do this with a dedication to Student Achievement, Equity, Talent, and Climate & Culture. These values guide our delivery of inclusive, culturally specific instruction and our belief in the success of every student. We work collectively guided by data to meet the individual academic needs of our students and to provide the social and emotional supports that remove barriers to achievement.
State Goals
The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% on-time graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.
CFT is dedicated to the delivery of inclusive, culturally specific instruction and our belief in the success of every student. We work collectively guided by data to meet the individual academic needs of our students and to provide the social and emotional supports that remove barriers to achievement. We foster strong systems of teacher collaboration and leverage our 1:1 technology to benefit every student.
State Goals
The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.
Safe & Welcoming Environment
TTSD continuously evaluates and responds to the needs of our ever-changing world and specifically our student population. We hold an uncompromised commitment to the safety and well-being of our students and staff, and maintaining a safe, inclusive, respectful, and rigorous learning environment. Our goal is for all students to feel physically and emotionally safe and respected. We are led by Board policies dedicated to protecting all students, staff, and families from discrimination, bias, hate, and harassment.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE SCHOOL PROFILE
Charles F Tigard Elementary School
Outcomes
REGULAR ATTENDERS
ENGLISH LANGUAGE ARTS
About Our School
BULLYING, HARASSMENT, AND SAFETY POLICIES
We are committed to fostering a school environment that is free from hazing, harassment, intimidation, racism, bullying, cyberbullying, menacing, or any threat to personal safety or race/national origin discrimination. This commitment is mandated by Board policy and reinforced by our student handbook. TTSD students have the responsibility to respect the rights of others, seek help when they know about a wrongful act, and resolve disputes peacefully. We teach anti-bullying and antihate lessons and provide professional supports around social, emotional, and behavioral health.
EXTRACURRICULAR ACTIVITIES
Enrichment opportunities, supported by our staff and families include:
· Oregon Battle of the Books
· Family engagement nights that focus on literacy including One School, One Book, and our book fair
· Author visits to celebrate the creative process
· Art Literacy
· Student Leadership program for 5th graders
· Chess Club
PARENT ENGAGEMENT
TTSD creates collaborative, culturally responsive relationships with all families. Communication is delivered in a variety of ways to ensure parents are informed and engaged in their students’ learning and school environment. We welcome parent volunteers in our classrooms and school. Dedicated staff work with our families to serve the needs of each of our students. All major decisions that impact our students are made in partnership with our students and families.
COMMUNITY ENGAGEMENT
The TTSD community has a long and proven history of support for education and their schools. We work every day to steward that support by preparing our students for success in school and life. Our district strives to provide world-class experiences exposing our students to innovative learning in state-of-the-art buildings delivered by best-in-class teachers. We recognize that we can only do this work in partnership with our community. We are grateful for the lifechanging assistance we receive from our volunteers, businesses, civic groups, faith communities, and countless others.
Fowler's mission is to develop well-rounded students who take responsibility for their education and are academically prepared for high school. We believe building positive relationships with our students is the foundation for academic success. We are dedicated to fostering an inclusive learning community that values all voices and celebrates kindness and equitable outcomes for all students. Our instructional focus is based on common formative assessment and using data to create individualized plans for every student.
MATHEMATICS
State Goals
The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.
Safe & Welcoming Environment
TTSD continuously evaluates and responds to the needs of our ever-changing world and specifically our student population. We hold an uncompromised commitment to the safety and well-being of our students and staff, and maintaining a safe, inclusive, respectful, and rigorous learning environment. Our goal is for all students to feel physically and emotionally safe and respected. We are led by Board policies dedicated to protecting all students, staff, and families from discrimination, bias, hate, and harassment.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE SCHOOL PROFILE
Thomas R Fowler Middle School
Outcomes
REGULAR ATTENDERS
ENGLISH LANGUAGE ARTS
About Our School
BULLYING, HARASSMENT, AND SAFETY POLICIES
We are committed to fostering a school environment that is free from hazing, harassment, intimidation, racism, bullying, cyberbullying, menacing, or any threat to personal safety or race/national origin discrimination. This commitment is mandated by Board policy and reinforced by our student handbook. TTSD students have the responsibility to respect the rights of others, seek help when they know about a wrongful act, and resolve disputes peacefully. We teach anti-bullying and antihate lessons and provide professional supports around social, emotional, and behavioral health.
EXTRACURRICULAR ACTIVITIES
· 30% of students participate in extracurricular activities including: Soccer, Basketball, Tennis, Track, Dance, Computers, Chess, Homework Club, Gaming Club, Community Service, Band, Art, Affinity Groups, Technology clubs, Intercambio, Drama Club, Leadership, Oregon Battle of the Books, Dodgeball, Juggling, Volleyball and more!
· Affinity/Alliance Groups
· No Place for Hate Club
· Band, Choir, and Drama
· AVID
· Intercambio
PARENT ENGAGEMENT
TTSD creates collaborative, culturally responsive relationships with all families. Communication is delivered in a variety of ways to ensure parents are informed and engaged in their students’ learning and school environment. We welcome parent volunteers in our classrooms and school. Dedicated staff work with our families to serve the needs of each of our students. All major decisions that impact our students are made in partnership with our students and families.
COMMUNITY ENGAGEMENT
The TTSD community has a long and proven history of support for education and their schools. We work every day to steward that support by preparing our students for success in school and life. Our district strives to provide world-class experiences exposing our students to innovative learning in state-of-the-art buildings delivered by best-in-class teachers. We recognize that we can only do this work in partnership with our community. We are grateful for the lifechanging assistance we receive from our volunteers, businesses, civic groups, faith communities, and countless others.
Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2018-19 finishing in 2022-23
COLLEGE GOING
Students enrolling in a two or four year college within 12 months of completing high school in 202122. Data from the National Student Clearinghouse.
Tigard High School is focused on establishing a culture of care and belonging within our school communities serving as the foundation for rigorous and meaningful teaching and learning. Student discourse, agency, and collaborative discussions are used to deepen critical thinking, collaboration, and communication skills. We have systems in place to ensure students are on track with credit attainment. All students receive mentorship to support the development and implementation of their high school and beyond plans.
State Goals
The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.
Safe & Welcoming Environment
TTSD continuously evaluates and responds to the needs of our ever-changing world and specifically our student population. We hold an uncompromised commitment to the safety and well-being of our students and staff, and maintaining a safe, inclusive, respectful, and rigorous learning environment. Our goal is for all students to feel physically and emotionally safe and respected. We are led by Board policies dedicated to protecting all students, staff, and families from discrimination, bias, hate, and harassment.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE SCHOOL PROFILE
Tigard High School
Outcomes
REGULAR ATTENDERS
TO GRADUATE
About Our School
ADVANCED COURSEWORK
· International Baccalaureate Program
· College Credit Bearing Courses
· Portland Community College Partnership
· AVID
· Two-Way Immersion (Spanish)
· Career and Technical Education Pathways
CAREER & TECHNICAL EDUCATION
· Audiovisual Communications Technologies
· Elementary Education and Teaching
· Computer Engineering Technology
· Automotive Mechanics Technology
· Marketing/Marketing Management
· Computer Technology
· Accounting and Finance
· Construction Technology
EXTRACURRICULAR ACTIVITIES
· 17 Interscholastic Sports
· 30 Academic and Service Clubs
· Robotics, National Honors Society, and Performing Arts
· After school tutoring also occurs four days a week
· HOSA Future Health Professionals
· MeCha
· Black Student Union
· Pacific Islander Club
· Student Affinity Groups
PARENT & COMMUNITY ENGAGEMENT
TTSD creates collaborative, culturally responsive relationships with all families. Communication is delivered in a variety of ways to ensure parents are informed and engaged in their students’ learning and school environment. We welcome parent volunteers in our classrooms and school. Dedicated staff work with our families to serve the needs of each of our students. All major decisions that impact our students are made in partnership with our students and families.
48,035 $51,581 37.4 49% 51%
Tigard-Tualatin
HOUSING
60.86% of homes owner occupied
39.14% of homes rented
POPULATION DENSITY
4,067.3 inhabitants per sq. mile
20,068 housing units at an average density of 1,699.2 per sq. mile
HISTORY
AGE DEMOGRAPHIC
24.1% under age 18
8.1% between ages 18 to 24
29.2% between ages 25 to 44
27.4% between ages 45 to 64
11.3% above age 65
CITY
QUICK FACTS
10.6 miles southwest of downtown Portland
11.81 square miles
300 feet elevation
Highest Average Temperature 80º
Lowest Average Temperature 46º
METRO AREA BASE MAP
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
Velazquez Painting & Construction LLC 13500 SW Pacific Hwy Suite 58#203, Tigard, OR 97223, USA (503) 755-8544
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
Urgent Care
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
Shoe Store
LOCAL BUSINESSES
Emergency Police/Medical/Fire 911
Poison Control (800) 222-1222 www.aapcc.org
United States Postal Service (800) 275-8777 www.usps.com
Xfinity (800) 266-2278 www.xfinity.com
Ziply Fiber (866) 699-4759 www.ziplyfiber.com
Verizon (800) 483-4100 www.verizon.com
AT&T (800) 288-2020 www.att.com
CenturyLink (866) 963-6665 www.centurylinkcom
Dish Network (800) 318-0572 www.dish.com
DIRECT TV (800) 531-5000 www.directtv.com
The Oregonian (503) 221-8240 www.oregonlive.com
TRI-MET (503) 238-7433 www.trimet.org
Northwest Natural Gas (800) 422-4012 www.nwnatural.com
Portland General Electric (503) 228-6322 www.portlandgeneral.com
City of Tigard Water Provider (503) 718-2460 www.tigard-or.gov
City of Tigard Sewer Provider (503) 718-2591 www.tigard-or.gov
Pride Disposal (503) 625-6177 www.pridedisposal.com
Tigard/Tualatin School District (503) 431-4000 www.ttsdschools.org
CHANGE OF ADDRESS
USPS
Below is the website if you would like to change your address online or you can visit your local post office, they will provide you with the change of address packet. https://moversguide.usps.com
Benefits you will receive when you change your address online are:
Exclusive mover savings coupons
Safe and secure with identity verification by a simple $100 charge to your credit or debit card
Email confirmation at the end of registration of your change of address
* Must have valid email address and credit card to register online
AUTO REGISTRATION AND DRIVER LICENSING
Below is the website if you would like to change your address online or you can visit your local DMV office.
Oregon Department of Transportation DMV Services 1905 Lana Avenue NE Salem, OR 97314-0100
wwworegondmvcom/oregon/indexhtm
General DMV Information Contact: 503-299-9999
VOTERS REGISTRTION
TO REGISTER TO VOTE, YOU MUST BE:
A citizen of the USA
A resident of Oregon
A Legal Resident of Oregon State at least 18 years of age on or before the next election
HOW TO REGISTER
To register to vote online you will need an Oregon driver's license, permit or ID card number issued by the Oregon Driver and Motor Vehicle Services Division (DMV)
If you do not have an Oregon driver's license, permit or ID card, you can still use the online voter registration application. The information you enter will display on a voter registration card (PDF document) that you will need to print, sign and deliver to your county elections office to complete your registration.
REGISTRATION DEADLINE
A new registrant must submit their online registration by 11:59:59 p.m. Pacific Time on the 21st calendar day before an election to be eligible to vote in that election.
CHANGE OF ADDRESS
If you move to a new county, you must complete a new voter registration, otherwise you must request a transfer of your registration
Clackamas County Voter Registration: 503-655-8510
Multnomah County Voter Registration: 503-988-3720
Washington County Voter Registration: 503-846-5800
Metro South (503) 234-3000 wwworegonmetrogov 2001 Washington St Oregon City, OR
Clackamas County (503) 668-8885 wwwwmnorthwestcom 19600 SE Canyon Valley Rd. Sandy, OR
VOTER REGISTRATION
Clackamas (503) 655-8510
Multnomah (503) 248-3720
Washington (503) 846-5800
WATER BUREAU
Beaverton (503) 526-2257
Clackamas (503) 722-9220
Gladstone (503) 656-5223
Gresham (503) 618-2373
Hillsboro (503) 681-6228
Lake Oswego (503) 635-0265
Milwaukie (503) 786-7525
Oregon City (503) 657-8151
Portland (503) 823-7770
Tigard (503) 639-1554
Tualatin (503) 692-2000
West Linn (503) 656-4261
Wilsonville (503) 682-1011
CYBER SECURITY
g p , g being sent to an outside account and never credited to the intended party
To protect and reduce your risk, WFG has implemented the following procedures for outgoing and incoming wires:
Outgoing Wire from WFG to seller or borrower for proceeds
In the escrow paperwork provided you will be asked to provide written instructions on how you want funds due you sent to you at the close of escrow If you choose to have the funds sent via wire transfer, WFG will contact you by phone to confirm the wire information provided.
Incoming Wires from the buyer and/or lender to WFG bank account
For funds that are to be wired to WFG for your transaction, we will send specific wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to confirm the wire instructions prior to remittance.
We look forward to processing your escrow transaction for you. We know that this can be a stressful time and we are here to assist you in any way we can to make this a good experience
claims, or restrictions on the buyers property, other than the mortgage the buyer agrees to pay.
If the preliminary title search uncovers potential problems, a buyer can require that those problems be satisfactorily dealt with before closing on the home.
In addition, owner’s title insurance protects buyers against a myriad of risks that not even the most careful title search can uncover, including things such forged documents, undisclosed or missing heirs of a previous owner, fraud, will disputes, and unrecorded claims of many types.
Without owner’s title insurance, the legal costs to resolve such title claims could easily be in the tens of thousands of dollars and would have to be paid out of pocket by the buyer - not to mention the stress that such situations would cause to the buyer
Owner’s title insurance is one of the most affordable insurance policies a person can ever buy Unlike other forms of insurance, there is only a one-time fee at closing for the policy, which financially protects the buyer’s investment for as long as the buyer or the buyer’s heirs own the home.
So, if someone tells the buyer that owner’s title insurance is “optional”, that certainly does not mean that the buyer should not get it. Virtually every lender requires lender’s title insurance, but that insurance does not protect the buyer.
In order to safeguard the buyer’s investment in the property, which is possibly the most important investment the buyer will ever make, owner’s title insurance is absolutely critical.
WHAT IS ESCROW?
Both the buyer and seller rely on the escrow agent to carry out their written instructions relating to the transaction and to advise them if any of their instructions are not mutually consistent or cannot be carried out. If the instructions from all parties to an escrow are clearly drafted, the escrow officer can proceed on behalf of the buyer and seller without further consultation. This saves much time and facilitates the closing of the transaction.
TYPICAL ROLES IN THE CLOSING PROCESS
The Seller/Agent
Delivers a fully executed Purchase Sale Agreement to the escrow agent.
Executes the paperwork necessary to close the transaction
The Buyer/Agent
Deposits collected funds required to close (in with the escrow agent
Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement
Executes the paperwork and loan documents necessary to close the transaction
The Lender
Deposits loan documents to be executed by the buyer
Deposits the loan proceeds
Directs the escrow agent of the conditions under which the loan funds may be used
The Escrow Agent
Clears Title
Obtains title insurance
Obtains payoffs and release documents for underlying loans on the property
Receives funds from the buyer and/or lender. Prepares vesting document affidavit on seller’s behalf
Prorates insurance, taxes, rents, etc
Prepares a final statement (often referred to as the “HUD Statement” or ”Settlement Statement”) for each party, indicating amounts paid in conjunction with the closing of your transaction
Forwards deed to the county for recording
Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties
In Summary
Escrow is the process that assembles and processes many of the components of a real estate transaction. The sale is officially closed when the new deed is recorded and funds are available to the seller, thus transferring ownership from the seller to the buyer
The escrow agent is a neutral third party acting on behalf of the buyer and seller.
WHAT IS TITLE?
About Title Insurance
Title is a bundle of rights in real property. Protecting purchasers and lenders against loss is accomplished by the issuance of a title insurance policy Usually, during a purchase transaction, the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner's Policy)
In short, the policy states that if the status of the title to a parcel of real property is other than as represented, and if the insured (either the owner or lender) suffers a loss as a result of a title defect, the insurer will reimburse the insured for that loss and any related legal expenses, up to the face amount of the policy, subject to exceptions and exclusions contained in the policy
Typically there are two policies issued. The Mortgagee’s Policy insures the lender for the amount of the loan. The Owner’s Policy insures the purchaser of the purchase price.
How is title insurance different from other types of insurance?
While the function of most other forms of insurance is risk assumption through the pooling of risks for losses arising out of unforeseen future events (such as sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past To achieve this goal, title insurers perform an extensive search and examination of the public records to determine whether there are any adverse claims (title defects) attached to the subject property Said defects/claims are either eliminated prior to the issuance of a title policy
or their existence is excepted from coverage. Your policy is issued after the closing of your new home, for a one-time nominal fee, and is good for as long as you own the property
What’s involved in a title search? A title search is actually made up of three separate searches:
Chain of Title – History of the ownership of the subject property
Tax Search – The tax search reveals the status of the taxes and assessments
Judgment and Name Search – Searches for judgment and liens against the owners’ and purchasers’ names
Once the three searches have been completed, the file is reviewed by an examiner who determines:
Whether or not the Chain of Title shows that the party selling the property has the right to do so The status of taxes for the subject property The Tax Search will also indicate the existence of any special assessments against the land and whether or not these assessments are current or past due
Whether there are any unsatisfied judgments on the Judgment and Name Search against the previous owners, sellers, or and purchasers.
Rights established by judgment decrees, unpaid federal income taxes and mechanic liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights The title search will only uncover defects in title that are of public record, thus allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance
In Summary
After the searches have been examined, the title company will issue a commitment, stating the conditions under which it will insure title The buyer, seller and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination
WHO PAYS WHAT IN OREGON
SELLER PAYS
TYPICAL COSTS
The following costs generally affect all transactions:
Escrow Fee - one-half of the fee, based on title company’s fee schedule
Recording Fees - based on county fee schedule
Title Premium - based on fixed statewide fee schedule
Real Estate Commission - based on agreement with Broker
Tax Prorate - to apportion taxes between parties as of date of closing
General Costs - as listed for each specific transaction, as requested by principals
Release fees for loan payoff(s)
LAND SALE CONTRACT TRANSACTION
Attorney Fee - optional, and is sometimes shared with purchaser
Collection Escrow Setup Fee - optional, and is often shared with purchaser
ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION
Any delinquent payments to bring contract or loan current
Prorate share of current month’s interest based on current rate
CONVENTIONAL, FHA, VA LOAN TRANSACTIONS
Any closing cost (not expenses of property or loan interest) negotiated on behalf of the purchaser, subject to lender’s approval
FHA, VA Loans - check with lender for any applicable seller costs
BUYER PAYS
TYPICAL COSTS
The following costs generally affect all transactions:
Escrow Fee - one-half of the fee, based on title company’s fee schedule
Recording Fees - based on county fee schedule
Fire Insurance Premium - mandatory when any lender is involved, including the seller’s lender
Tax Prorate - to apportion taxes between parties as of date of closing
General Costs - as listed for each specific transaction, as requested by the principals
LAND SALE CONTRACT TRANSACTION
Attorney Fee - optional, and is sometimes shared with seller
Collection Escrow Setup Fee - optional, and is sometimes shared with seller
Recording Fee - for contract or memorandum thereof
ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION
Assumption or Assignment
Next monthly payment due, if required by lender
Recording Fee - for Assumption/Assignment of Agreement, if required by lender
CONVENTIONAL, FHA, VA LOAN TRANSACTIONS
Lenders title insurance policy & endorsements, as required by lender
Loan Fee - as required by lender
Credit Report Fee - as required by lender
Appraisal Fee - as required by lender
Mortgage Insurance Premium - based on fee schedule and endorsements of lender
Prepaid Interest - if required by lender
VA Loans only - funding fee, if required by lender
FHA, VA, and some Conventional Loans - reserves for real property taxes, fire insurance and mortgage insurance
DOWNTOWN VANCOUVER 2001 SE Columbia River Dr Ste. 100 Vancouver, WA 98661 360-314-0300
SALMON CREEK
2105 NE 129th St. Ste. 107 Vancouver, WA 98686 360-314-1818
VANCOUVER MALL
4400 NE 77th Ave Ste. 250 Vancouver, WA 98662 360-891-5454
EAST VANCOUVER 2004 SE 192nd Ave. Ste. 100 Vancouver, WA 98683 360-356-9990 1 2 3 5 6 7 8 9 4 10
700 NE Multnomah St. Ste. 190 Portland, OR 97232 503-230-8488
reports@wfgnationaltitle.com
This week the median list price for Tigard, OR 97223 is $822,490 with the market action index hovering around 45. This is less than last month's market action index of 47 Inventory has increased to 22
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory
Real-Time Market Profile
Market Narrative
Market conditions have been consistently cooling in the past several weeks Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall Expect prices to fall if the index persistently falls to the Buyer’s zone
Market Segments
Each segment below represents approximately 25% of the market ordered by price
Strong Seller's Market
Median List Price
Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.
Segments
In the quartile market segments, we see prices in this zip code without strong directional indication lately. Quartiles 2 and 4 are mixed, while Quartile 3 is up and Quartile 1 is down. Look to persistent shifts in the Market Action Index as a leading indicator for strong moves (up or down) in the market as a whole.
Price Per Square Foot
This is a market where watching the value metrics (like price per square foot) can provide insight that you don't get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply
Market Action Index
Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.
Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the highend) will weaken before the rest of the market and signal a slowdown for the whole group.
Median Days on Market (DOM)
The properties have been on the market for an average of 117 days. Half of the listings have come newly on the market in the past 34 or so days. Watch the 90-day DOM trend for signals of a changing market.
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
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