Is Cle Elum, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Cle Elum was a Seller's Market.
Key Takeaway
Cle Elum 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 Cle Elum, WA
How much do homes in Cle Elum, WA cost?
Median Sold Price
$900,000
$469/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Cle Elum have sold for 32.5% more than they did a year ago.
Summary: The median home sold price in Cle Elum was $900,000 in June 2024, up 32.5% from last year, and the median price per square foot was $469.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | $357.5K | -20.6% |
| 2 Bedrooms | $610.5K | $562K | -7.9% |
| 3 Bedrooms | $550K | $806.9K | +46.7% |
| 4 Bedrooms | $1.7M | $1.5M | -7.6% |
| 5+ Bedrooms | $2.1M | $2.1M | -1.2% |
Summary: Cle Elum housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.6%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 46.7%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Cle Elum | $679K | $900K | +32.5% |
| South Cle Elum | $390K | $384.7K | -1.3% |
Housing Supply in Cle Elum, WA
How many homes are available in Cle Elum, WA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 201 | 225 | +11.9% |
Summary: The Cle Elum real estate market had 225 homes for sale in June 2024, a 11.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 26 | +8.3% |
| 2 Bedrooms | 38 | 39 | +2.6% |
| 3 Bedrooms | 60 | 72 | +20.0% |
| 4 Bedrooms | 51 | 58 | +13.7% |
| 5+ Bedrooms | 28 | 30 | +7.1% |
Summary: The Cle Elum housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cle Elum, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Cle Elum in June 2024, up by 13.3% month-over-month. Of the 34 sold homes, 44% were sold under asking, 38% were sold at asking, and 18% were sold over asking.
Days on Market for Cle Elum, WA
How long does it take to sell a home in Cle Elum, WA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 38 Days | 56 Days | +47.6% |
Summary: Homes in Cle Elum had an average of 56 days on market in Jun 2024, up by 47.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cle Elum are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 34 homes were sold in Cle Elum; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.