Is Belfair-Tahuya, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Belfair-Tahuya has remained a Seller's Market.
Key Takeaway
Belfair-Tahuya is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belfair-Tahuya, WA
How much do homes in Belfair-Tahuya, WA cost?
Median Sold Price
$442,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Belfair-Tahuya have sold for 1% more than they did a year ago.
Summary: The median home sold price in Belfair-Tahuya was $442,000 in April 2024, up 1% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $458K | $350K | -23.6% |
| 2 Bedrooms | $355K | $520K | +46.5% |
| 3 Bedrooms | $447K | $418K | -6.5% |
| 4 Bedrooms | $780K | $512.4K | -34.3% |
| 5+ Bedrooms | $740K | $517.4K | -30.1% |
Summary: Belfair-Tahuya housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.6%, 2 bedroom homes increased by 46.5%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 34.3%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Cities
| Allyn | $505K | $535K | +5.9% |
| Belfair | $440K | $455.5K | +3.5% |
| Union-Grapeview | $450K | $465K | +3.3% |
| Belfair-Tahuya | $437.5K | $442K | +1.0% |
| Tahuya | $379K | $380K | 0.3% |
Housing Supply in Belfair-Tahuya, WA
How many homes are available in Belfair-Tahuya, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 53 | +12.8% |
Summary: The Belfair-Tahuya real estate market had 53 homes for sale in April 2024, a 12.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 5 | 14 | +180.0% |
| 3 Bedrooms | 29 | 28 | -3.4% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Belfair-Tahuya housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 180%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belfair-Tahuya, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Belfair-Tahuya in April 2024, down by 37.5% month-over-month. Of the 10 sold homes, 10% were sold under asking, 70% were sold at asking, and 20% were sold over asking.
Days on Market for Belfair-Tahuya, WA
How long does it take to sell a home in Belfair-Tahuya, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 36 Days | -25.9% |
Summary: Homes in Belfair-Tahuya had an average of 36 days on market in Apr 2024, down by 25.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belfair-Tahuya are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Belfair-Tahuya; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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.