Is Douglas County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Douglas County has remained a Seller's Market.

Key Takeaway

Douglas County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Douglas County, WA

How much do homes in Douglas County, WA cost?

Median Sold Price

$469,975

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,975(+1.1%)

Key Takeaway

Homes in Douglas County have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Douglas County was $469,975 in March 2024, up 1.1% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $257K$282K
+9.7%
2 $352.5K$385K
+9.2%
3 $435K$462.4K
+6.3%
4 $559.5K$620K
+10.8%
5+ $611.5K$624.2K
+2.1%

Summary: Douglas County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Counties

Okanogan County
+7.4%
Douglas County
+1.1%
Kittitas County
-1.4%
Chelan County
-2.6%
Grant County
-2.8%

Housing Supply in Douglas County, WA

How many homes are available in Douglas County, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
121136+12.4%

Summary: The Douglas County real estate market had 136 homes for sale in March 2024, a 12.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1115
+36.4%
3 7480
+8.1%
4 2930
+3.4%
5+ 711
+57.1%

Summary: The Douglas County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 57.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2527+8.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas County, expect to pay close to the asking price. 48.1% of homes here sold near the asking price last month.

Summary: A total of 27 homes were sold or pending in Douglas County in March 2024, up by 8.0% month-over-month. Of the 27 sold homes, 41% were sold under asking, 48% were sold at asking, and 11% were sold over asking.

Days on Market for Douglas County, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
56 Days47 Days-15.8%

Summary: Homes in Douglas County had an average of 47 days on market in Mar 2024, down by 15.8% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Douglas County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 27 homes were sold in Douglas County; 52% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 26% 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 18 Days Ago

Newest Listings in Douglas County, WA

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