Is Bridgeport, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bridgeport is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bridgeport has remained a Seller's Market.

Key Takeaway

Bridgeport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bridgeport, WA

How much do homes in Bridgeport, WA cost?

Median Sold Price

$612,500

$146/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$316,000(+106.6%)

Key Takeaway

Homes in Bridgeport have sold for 106.6% more than they did a month ago.

Summary: The median home sold price in Bridgeport was $612,500 in May 2024, up 106.6% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $233K$325K
+39.5%
4 $360K$900K
+150.0%
5+ --
N/A

Summary: Bridgeport housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 39.5%, 4 bedroom homes increased by 150%, and 5+ bedroom homes did not change.

Housing Supply in Bridgeport, WA

How many homes are available in Bridgeport, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
106-40.0%

Summary: The Bridgeport real estate market had 6 homes for sale in May 2024, a 40.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 52
-60.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Bridgeport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bridgeport, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bridgeport in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Bridgeport, WA

How long does it take to sell a home in Bridgeport, WA?

Average Sale Time

Apr 2024May 2024CHANGE
107 Days213 Days+98.1%

Summary: Homes in Bridgeport had an average of 213 days on market in May 2024, up by 98.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bridgeport are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 2 homes were sold in Bridgeport; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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