Is Brush Prairie, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brush Prairie is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Brush Prairie was a Seller's Market.

Key Takeaway

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

Housing Prices in Brush Prairie, WA

How much do homes in Brush Prairie, WA cost?

Median Sold Price

$819,900

$343/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$27,450(+3.5%)

Key Takeaway

Homes in Brush Prairie have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Brush Prairie was $819,900 in May 2024, up 3.5% from last year, and the median price per square foot was $343.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $615K$623.5K
+1.4%
3 $717K$732.4K
+2.2%
4 $830K$869.5K
+4.8%
5+ $1.2M$1.0M
-18.3%

Summary: Brush Prairie 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 1.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 18.3%.

Housing Supply in Brush Prairie, WA

How many homes are available in Brush Prairie, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5162+21.6%

Summary: The Brush Prairie real estate market had 62 homes for sale in May 2024, a 21.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1717
0.0%
4 2230
+36.4%
5+ 1215
+25.0%

Summary: The Brush Prairie 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brush Prairie, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Brush Prairie in May 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Brush Prairie, WA

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

Average Sale Time

May 2023May 2024CHANGE
12 Days41 Days+237.6%

Summary: Homes in Brush Prairie had an average of 41 days on market in May 2024, up by 237.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brush Prairie has remained consistent over time.

Summary: During May 2024, 6 homes were sold in Brush Prairie; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 13 Days Ago

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