As summer winds down, home buyers and sellers in Happy Valley are settling in just before school begins. Over the course of this week, 11 homes have successfully changed hands in Happy Valley, OR, signifying the continued dynamism of our local market. At Favor Realty Group, our commitment to both seamless transactions and client education stands at the forefront. We firmly believe that a well-informed client is empowered to make the best decisions for their real estate endeavors. As we celebrate these successful transactions, we also reaffirm our dedication to being your trusted partner throughout your real estate journey.
Anecdotes from the Week
A Market that Breathes
In an age where properties fly off listings in a blink, Happy Valley takes a more thoughtful pace. Not a single home sold this week was on the market for fewer than seven days. A sign that here, you have the time to make the right choice.
The Flexibility Factor
One home took a bold step with a price drop of $120,000. The result? A successful sale. Flexibility can be the magic wand that turns ‘For Sale’ into ‘Sold.’
Standing Firm
Three properties didn’t budge an inch on their original listing price—and didn’t have to. They sold without a hitch. It’s a testament to the strength and confidence the Happy Valley market exudes.
Individual Property Breakdown
12011 SE High Creek RD
Original List Price: $500,900
Close Price: $441,900 (11.78% below original)
Time on Market: 65 days
Price Reduction: $59,000
Who doesn’t love the smell of a new home? This property offered the ultimate fresh start and was snatched up quickly. Don’t miss out next time!
11896 SE PLEASANT VALLEY PKWY
Original List Price: $629,960
Close Price: $588,180 (6.63% below original)
Time on Market: 165 days
Price Reduction: $41,780
The lucky owner embraced community amenities and a prime location near shopping, and got almost 7% off list price to boot!
9242 SE HAMILTON LN
Original List Price: $685,000
Close Price: $650,000 (5.11% below original)
Time on Market: 75 days
Price Reduction: $35,000
This home had something special that words can’t capture. A unique charm that spoke to the right buyer, selling at 5.11% below its original list price.
15336 SE LEGACY ST
Original List Price: $646,300
Close Price: $655,000 (+1.35% above original)
Time on Market: 151 days
This Scouter’s Mountain home qualified for a $10K builder incentive & featured a grand kitchen opening into a great room and dining nook.
17051 SE PACIFIC CREST TRAIL PL
Original List Price: $662,460
Close Price: $669,156 (+1.01% above original)
Time on Market: 1 days
Another new construction home in Happy Valley’s Scouters Mountain development, this time with 3 bedrooms and 2 bathrooms, this time in a ranch style configuration.
9477 SE HAMILTON LN
Original List Price: $774,900
Close Price: $700,000 (9.67% below original)
Time on Market: 96 days
Price Reduction: $74,900
A great example of a fully updated resale home in Happy Valley. The home is on a cul-de-sac, and has an amazing backyard space with a gazebo, turf, and a tuff shed.
9359 SE LEVERN LN
Original List Price: $729,999
Close Price: $724,000 (0.82% below original)
Time on Market: 40 days
Price Reduction: $5,999
Imagine waking up to breathtaking views every morning. That dream became someone’s reality in just 40 days. Could you be next?
15333 SE LEGACY ST
Original List Price: $727,150
Close Price: $757,615 (+4.19% above original)
Time on Market: 229 days
This new home showcases a main-floor primary suite with a soaking tub, complemented by a double door den, open great room, and kitchen with an eating bar island, while the second floor features two bedrooms, a full bathroom, and a loft.
16870 SE Mist Layer LOOP
Original List Price: $777,321
Close Price: $791,343 (+1.80% above original)
Time on Market: 152 days
When browsing for new construction homes in Happy Valley, pay close attention to the amenities that each neighborhood offers. This home’s HOA provides a pool for all the owners in the community to enjoy!
12394 SE YOAKUM LN
Original List Price: $1,200,000
Close Price: $1,300,000 (+8.33% above original)
Time on Market: 19 days
Cash offers are still out there in Happy Valley folks, and in just 5 days this home attracted a fully cash offer for $100k over asking.
10269 SE CRESCENT RIDGE LOOP
Original List Price: $1,570,000
Close Price: $1,400,000 (10.83% below original)
Time on Market: 82 days
Price Reduction: $170,000
This home, built in 2000, showcases some of the best views Happy Valley has to offer. Although it took 82 days, the buyer got a great deal negotiating $170k off of the original list price.
Ready to see what is still on the market?
In Conclusion
At Favor Realty Group, we are committed to being your steadfast partners throughout your real estate endeavors in Happy Valley. As your trusted allies, we offer a wealth of resources to aid your journey, including complimentary buyer guide and seller guide, ensuring you have a comprehensive understanding of the process. For those contemplating a move, our “What’s My Home Worth” tool stands ready to provide insights into your property’s potential value. Our mission at Favor Realty Group is help you find home!