Is Cathlamet, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cathlamet was a Buyer's Market.
Housing Prices in Cathlamet, WA
How much do homes in Cathlamet, WA cost?
Median Sold Price
$594,500
$301/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Cathlamet was $594,500 in May 2024, up 51.5% from last month, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $310K | $580K | +87.1% |
4 Bedrooms | $475K | $1.1M | +142.1% |
5+ Bedrooms | - | - | N/A |
Summary: Cathlamet 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 87.1%, 4 bedroom homes increased by 142.1%, and 5+ bedroom homes did not change.
Housing Supply in Cathlamet, WA
How many homes are available in Cathlamet, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 37 | +15.6% |
Summary: The Cathlamet real estate market had 37 homes for sale in May 2024, a 15.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cathlamet 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 increased by 25%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Cathlamet in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cathlamet, WA
How long does it take to sell a home in Cathlamet, WA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 Days | 186 Days | +239.1% |
Summary: Homes in Cathlamet had an average of 186 days on market in May 2024, up by 239.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Cathlamet; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.