Is Cascade / City View, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cascade / City View is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Cascade / City View was a Seller's Market.

Key Takeaway

Cascade / City View is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cascade / City View, WA

How much do homes in Cascade / City View, WA cost?

Median Sold Price

$426,250

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$98,750(-18.8%)

Key Takeaway

Homes in Cascade / City View have sold for 18.8% less than they did a year ago.

Summary: The median home sold price in Cascade / City View was $426,250 in April 2024, down 18.8% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $220K$257.5K
+17.0%
2 $550K$247K
-55.1%
3 $450K$430K
-4.4%
4 $609.4K$437.5K
-28.2%
5+ $547K$520K
-4.9%

Summary: Cascade / City View housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes decreased by 55.1%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 28.2%, and 5+ bedroom homes decreased by 4.9%.

Housing Supply in Cascade / City View, WA

How many homes are available in Cascade / City View, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1513-13.3%

Summary: The Cascade / City View real estate market had 13 homes for sale in April 2024, a 13.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 20
-100.0%
2 00
0.0%
3 97
-22.2%
4 44
0.0%
5+ 02
+100.0%

Summary: The Cascade / City View housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cascade / City View, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Cascade / City View in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cascade / City View, WA

How long does it take to sell a home in Cascade / City View, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
100 Days4 Days-96.0%

Summary: Homes in Cascade / City View had an average of 4 days on market in Apr 2024, down by 96% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Cascade / City View are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Cascade / City View; 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 12 Days Ago

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