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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crescent is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Crescent, WA

How much do homes in Crescent, WA cost?

Median Sold Price

$550,000

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$95,000(+20.9%)

Key Takeaway

Homes in Crescent have sold for 20.9% more than they did a year ago.

Summary: The median home sold price in Crescent was $550,000 in May 2024, up 20.9% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$701.5K
N/A
2 $345K$627K
+81.7%
3 $519.9K$516K
-0.8%
4 -$584K
N/A
5+ $1.2M$735K
-42.1%

Summary: Crescent 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 increased by 81.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 42.1%.

Median Sold Price Compared To Nearby Cities

Crescent
+20.9%
Forks
+14.7%

Housing Supply in Crescent, WA

How many homes are available in Crescent, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
54-20.0%

Summary: The Crescent real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Crescent 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crescent, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Crescent in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Crescent, WA

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

Average Sale Time

May 2023May 2024CHANGE
66 Days10 Days-85.0%

Summary: Homes in Crescent had an average of 10 days on market in May 2024, down by 85% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Crescent; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Crescent, WA

Nearby Markets to Crescent, WA

What housing markets are near Crescent, WA?