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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chimacum is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Chimacum was a Seller's Market.

Key Takeaway

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

Housing Prices in Chimacum, WA

How much do homes in Chimacum, WA cost?

Median Sold Price

$600,000

$316/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$199,000(+49.6%)

Key Takeaway

Homes in Chimacum have sold for 49.6% more than they did a month ago.

Summary: The median home sold price in Chimacum was $600,000 in June 2024, up 49.6% from last month, and the median price per square foot was $316.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 $401K-
N/A
2 --
N/A
3 -$600K
N/A
4 --
N/A
5+ --
N/A

Summary: Chimacum housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chimacum, WA

How many homes are available in Chimacum, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
58+60.0%

Summary: The Chimacum real estate market had 8 homes for sale in June 2024, a 60.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 46
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Chimacum housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chimacum, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Chimacum in June 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Chimacum, WA

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Chimacum are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During June 2024, 1 homes were sold in Chimacum; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

Newest Listings in Chimacum, WA

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