Is Cashmere, 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, Cashmere was a Neutral Market.
Housing Prices in Cashmere, WA
How much do homes in Cashmere, WA cost?
Median Sold Price
$550,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cashmere was $550,000 in May 2024, up 11.4% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $420K | $337.5K | -19.6% |
3 Bedrooms | $490K | $562.4K | +14.8% |
4 Bedrooms | $529K | $638.5K | +20.7% |
5+ Bedrooms | $865K | $420K | -51.4% |
Summary: Cashmere housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.6%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes decreased by 51.4%.
Housing Supply in Cashmere, WA
How many homes are available in Cashmere, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 28 | +21.7% |
Summary: The Cashmere real estate market had 28 homes for sale in May 2024, a 21.7% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Cashmere 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Cashmere in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
78 Days | 72 Days | -7.4% |
Summary: Homes in Cashmere had an average of 72 days on market in May 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Cashmere; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.