Is Raymond, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Raymond was a Seller's Market.
Housing Prices in Raymond, WA
How much do homes in Raymond, WA cost?
Median Sold Price
$275,500
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Raymond was $275,500 in May 2024, up 11.3% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $202.5K | +237.5% |
2 Bedrooms | $197.5K | $290K | +46.8% |
3 Bedrooms | $259K | $275.5K | +6.4% |
4 Bedrooms | $340K | $290K | -14.7% |
5+ Bedrooms | $284K | - | N/A |
Summary: Raymond housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 237.5%, 2 bedroom homes increased by 46.8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
South Bend | $247.6K | $340K | +37.3% |
Raymond | $247.5K | $275.5K | +11.3% |
Housing Supply in Raymond, WA
How many homes are available in Raymond, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 44 | +29.4% |
Summary: The Raymond real estate market had 44 homes for sale in May 2024, a 29.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 20 | 27 | +35.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Raymond 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 16.7%, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Raymond in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Raymond, WA
How long does it take to sell a home in Raymond, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 38 Days | -11.6% |
Summary: Homes in Raymond had an average of 38 days on market in May 2024, down by 11.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Raymond; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.