Is Chelan County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Chelan County has remained a Seller's Market.
Housing Prices in Chelan County, WA
How much do homes in Chelan County, WA cost?
Median Sold Price
$539,975
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chelan County was $539,975 in March 2024, down 2.6% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | $357.5K | -2.1% |
2 Bedrooms | $444.5K | $438.7K | -1.3% |
3 Bedrooms | $561.9K | $535.6K | -4.7% |
4 Bedrooms | $705K | $699.9K | -0.7% |
5+ Bedrooms | $715K | $675K | -5.6% |
Summary: Chelan County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Counties
Okanogan County | $340K | $365K | +7.4% |
Douglas County | $465K | $469.9K | +1.1% |
Kittitas County | $535.7K | $528.4K | -1.4% |
Chelan County | $554.5K | $539.9K | -2.6% |
Snohomish County | $718.4K | $700K | -2.6% |
Housing Supply in Chelan County, WA
How many homes are available in Chelan County, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
209 | 277 | +32.5% |
Summary: The Chelan County real estate market had 277 homes for sale in March 2024, a 32.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 23 | +64.3% |
2 Bedrooms | 34 | 53 | +55.9% |
3 Bedrooms | 101 | 128 | +26.7% |
4 Bedrooms | 41 | 52 | +26.8% |
5+ Bedrooms | 19 | 21 | +10.5% |
Summary: The Chelan County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 64.3%, 2 bedroom homes increased by 55.9%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 26.8%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 49 | +14.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Chelan County in March 2024, up by 14.0% month-over-month. Of the 49 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Chelan County, WA
How long does it take to sell a home in Chelan County, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 85 Days | +51.7% |
Summary: Homes in Chelan County had an average of 85 days on market in Mar 2024, up by 51.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 49 homes were sold in Chelan County; 39% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.