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 April 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
$682,333
$385/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Discovery Bay-Port Townsend was $682,333 in April 2024, up 4.9% from last year, and the median price per square foot was $385.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $487.5K | $449K | -7.9% |
2 Bedrooms | $582.5K | $645K | +10.7% |
3 Bedrooms | $686.5K | $720K | +4.9% |
4 Bedrooms | $750K | $807.5K | +7.7% |
5+ Bedrooms | $895K | $1.3M | +53.6% |
Summary: Discovery Bay-Port Townsend housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.9%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 53.6%.
Median Sold Price Compared To Nearby Cities
Port Townsend | $645K | $682.5K | +5.8% |
Discovery Bay-Port Townsend | $650.7K | $682.3K | +4.9% |
Oak Bay-Port Ludlow | $600K | $600K | 0.0% |
Housing Supply in Discovery Bay-Port Townsend, WA
How many homes are available in Discovery Bay-Port Townsend, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 61 | +8.9% |
Summary: The Discovery Bay-Port Townsend real estate market had 61 homes for sale in April 2024, a 8.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 6 | -25.0% |
2 Bedrooms | 16 | 21 | +31.3% |
3 Bedrooms | 25 | 28 | +12.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Discovery Bay-Port Townsend housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Discovery Bay-Port Townsend in April 2024, down by 6.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 75 Days | +466.6% |
Summary: Homes in Discovery Bay-Port Townsend had an average of 75 days on market in Apr 2024, up by 466.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Discovery Bay-Port Townsend; 43% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.