Is Washougal, 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, Washougal was a Seller's Market.
Key Takeaway
Washougal is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Washougal, WA
How much do homes in Washougal, WA cost?
Median Sold Price
$665,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Washougal have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Washougal was $665,000 in May 2024, up 6.4% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $422.5K | $550K | +30.2% |
| 2 Bedrooms | $365K | $381.5K | +4.5% |
| 3 Bedrooms | $550K | $575K | +4.5% |
| 4 Bedrooms | $670K | $705K | +5.2% |
| 5+ Bedrooms | $825K | $779.9K | -5.5% |
Summary: Washougal housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.2%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in Washougal, WA
How many homes are available in Washougal, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 141 | 162 | +14.9% |
Summary: The Washougal real estate market had 162 homes for sale in May 2024, a 14.9% 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 | 13 | 14 | +7.7% |
| 3 Bedrooms | 41 | 56 | +36.6% |
| 4 Bedrooms | 69 | 76 | +10.1% |
| 5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The Washougal 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 7.7%, 3 bedroom homes increased by 36.6%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 32 | 26 | -18.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washougal, you could pay more than the asking price. 42.3% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Washougal in May 2024, down by 18.8% month-over-month. Of the 26 sold homes, 31% were sold under asking, 27% were sold at asking, and 42% were sold over asking.
Days on Market for Washougal, WA
How long does it take to sell a home in Washougal, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 36 Days | -9.1% |
Summary: Homes in Washougal had an average of 36 days on market in May 2024, down by 9.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Washougal are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 26 homes were sold in Washougal; 62% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.