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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cashmere is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Cashmere has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cashmere, WA

How much do homes in Cashmere, WA cost?

Median Sold Price

$613,500

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$84,000(+15.9%)

Key Takeaway

Homes in Cashmere have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Cashmere was $613,500 in October 2024, up 15.9% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$732.5K
N/A
2 $345K$368K
+6.7%
3 $534K$584.4K
+9.4%
4 $572.5K$775K
+35.4%
5+ $645K$585K
-9.3%

Summary: Cashmere housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes decreased by 9.3%.

Housing Supply in Cashmere, WA

How many homes are available in Cashmere, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2826-7.1%

Summary: The Cashmere real estate market had 26 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 1513
-13.3%
4 76
-14.3%
5+ 33
0.0%

Summary: The Cashmere housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cashmere, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Cashmere in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Cashmere, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days72 Days+91.4%

Summary: Homes in Cashmere had an average of 72 days on market in Oct 2024, up by 91.4% compared to last year.

Breakdown of Home Sale Times

3 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

Many homes in Cashmere are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Cashmere; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 9 Days Ago

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