Is Cathlamet, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cathlamet is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Cathlamet, WA

How much do homes in Cathlamet, WA cost?

Median Sold Price

$447,450

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$77,450(+20.9%)

Key Takeaway

Homes in Cathlamet have sold for 20.9% more than they did a year ago.

Summary: The median home sold price in Cathlamet was $447,450 in March 2024, up 20.9% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $240K$335K
+39.6%
2 $370K$600K
+62.2%
3 $397.5K$425K
+6.9%
4 $440.5K$485K
+10.1%
5+ -$519.2K
N/A

Summary: Cathlamet housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.6%, 2 bedroom homes increased by 62.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes did not change.

Housing Supply in Cathlamet, WA

How many homes are available in Cathlamet, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2728+3.7%

Summary: The Cathlamet real estate market had 28 homes for sale in March 2024, a 3.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1816
-11.1%
4 48
+100.0%
5+ 10
-100.0%

Summary: The Cathlamet 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 decreased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 1 homes were sold or pending in Cathlamet in March 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cathlamet, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
105 Days4 Days-96.2%

Summary: Homes in Cathlamet had an average of 4 days on market in Mar 2024, down by 96.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Cathlamet are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Cathlamet; 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 27 Days Ago

Newest Listings in Cathlamet, WA

Nearby Markets to Cathlamet, WA