Is Cashmere, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Cashmere has remained a Seller's Market.
Housing Prices
How much do homes in Cashmere, WA cost?
Median Sold Price
$497,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Cashmere was $497,000 in August 2023, up 12.1% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $162.7K | - | N/A |
2 Bedrooms | $400K | $363.5K | -9.1% |
3 Bedrooms | $465K | $520K | +11.8% |
4 Bedrooms | $532K | $565K | +6.2% |
5+ Bedrooms | - | $865K | N/A |
Summary: Cashmere housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes did not change.
Housing Supply
How many homes are available in Cashmere, WA?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The Cashmere real estate market had 27 homes for sale in August 2023, a 3.6% decrease compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Cashmere housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Cashmere in August 2023, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market
How long does it take to sell a home in Cashmere, WA?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
22 Days | 28 Days | +24.4% |
Summary: Homes in Cashmere had an average of 28 days on market in Aug 2023, up by 24.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During August 2023, 7 homes were sold in Cashmere; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.