Is Aberdeen-Hoquiam, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Aberdeen-Hoquiam has remained a Seller's Market.
Housing Prices in Aberdeen-Hoquiam, WA
How much do homes in Aberdeen-Hoquiam, WA cost?
Median Sold Price
$260,000
$174/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Summary: The median home sold price in Aberdeen-Hoquiam was $260,000 in March 2024, the same as last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $165K | +32.0% |
2 Bedrooms | $210K | $216.4K | +3.1% |
3 Bedrooms | $280K | $285K | +1.8% |
4 Bedrooms | $282.5K | $301K | +6.5% |
5+ Bedrooms | $320K | $362.5K | +13.3% |
Summary: Aberdeen-Hoquiam housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 13.3%.
Housing Supply in Aberdeen-Hoquiam, WA
How many homes are available in Aberdeen-Hoquiam, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
106 | 118 | +11.3% |
Summary: The Aberdeen-Hoquiam real estate market had 118 homes for sale in March 2024, a 11.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 19 | 17 | -10.5% |
3 Bedrooms | 63 | 65 | +3.2% |
4 Bedrooms | 13 | 24 | +84.6% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Aberdeen-Hoquiam housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 84.6%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 35 | +52.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Aberdeen-Hoquiam in March 2024, up by 52.2% month-over-month. Of the 35 sold homes, 40% were sold under asking, 23% were sold at asking, and 37% were sold over asking.
Days on Market for Aberdeen-Hoquiam, WA
How long does it take to sell a home in Aberdeen-Hoquiam, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 56 Days | +37.8% |
Summary: Homes in Aberdeen-Hoquiam had an average of 56 days on market in Mar 2024, up by 37.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in Aberdeen-Hoquiam; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.