Is Discovery Bay-Port Townsend, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Discovery Bay-Port Townsend has remained a Seller's Market.
Housing Prices in Discovery Bay-Port Townsend, WA
How much do homes in Discovery Bay-Port Townsend, WA cost?
Median Sold Price
$676,393
$379/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Discovery Bay-Port Townsend was $676,393 in June 2024, up 4.1% from last year, and the median price per square foot was $379.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $485K | $425K | -12.4% |
2 Bedrooms | $570K | $649K | +13.9% |
3 Bedrooms | $690K | $720K | +4.3% |
4 Bedrooms | $772.5K | $797.5K | +3.2% |
5+ Bedrooms | $695K | $1.3M | +97.8% |
Summary: Discovery Bay-Port Townsend housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 97.8%.
Median Sold Price Compared To Nearby Cities
Oak Bay-Port Ludlow | $575.5K | $615K | +6.9% |
Port Townsend | $650K | $677.4K | +4.2% |
Discovery Bay-Port Townsend | $650K | $676.3K | +4.1% |
Housing Supply in Discovery Bay-Port Townsend, WA
How many homes are available in Discovery Bay-Port Townsend, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
67 | 83 | +23.9% |
Summary: The Discovery Bay-Port Townsend real estate market had 83 homes for sale in June 2024, a 23.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 25 | 26 | +4.0% |
3 Bedrooms | 27 | 39 | +44.4% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Discovery Bay-Port Townsend housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Discovery Bay-Port Townsend in June 2024, the same as the previous month. Of the 20 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Discovery Bay-Port Townsend, WA
How long does it take to sell a home in Discovery Bay-Port Townsend, WA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
19 Days | 33 Days | +70.3% |
Summary: Homes in Discovery Bay-Port Townsend had an average of 33 days on market in Jun 2024, up by 70.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 20 homes were sold in Discovery Bay-Port Townsend; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.