Is Brewster-Wakefield, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brewster-Wakefield is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Brewster-Wakefield was a Neutral Market.

Key Takeaway

Brewster-Wakefield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brewster-Wakefield, WA

How much do homes in Brewster-Wakefield, WA cost?

Median Sold Price

$479,450

$199/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$131,550(-21.5%)

Key Takeaway

Homes in Brewster-Wakefield have sold for 21.5% less than they did a month ago.

Summary: The median home sold price in Brewster-Wakefield was $479,450 in March 2024, down 21.5% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $598K$474K
-20.7%
4 $624K$484.9K
-22.3%
5+ --
N/A

Summary: Brewster-Wakefield housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 20.7%, 4 bedroom homes decreased by 22.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brewster
+53.6%
Brewster-Wakefield
-21.5%

Housing Supply in Brewster-Wakefield, WA

How many homes are available in Brewster-Wakefield, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1315+15.4%

Summary: The Brewster-Wakefield real estate market had 15 homes for sale in March 2024, a 15.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 22
0.0%
3 47
+75.0%
4 65
-16.7%
5+ 00
0.0%

Summary: The Brewster-Wakefield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brewster-Wakefield, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Brewster-Wakefield in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Brewster-Wakefield, WA

How long does it take to sell a home in Brewster-Wakefield, WA?

Average Sale Time

Feb 2024Mar 2024CHANGE
201 Days151 Days-24.8%

Summary: Homes in Brewster-Wakefield had an average of 151 days on market in Mar 2024, down by 24.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Brewster-Wakefield; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 25 Days Ago

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