Is Gold Bar, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gold Bar is a seller's market

Buyer's
Market

Difference Since August 2022

Since last year, Gold Bar has remained a Seller's Market.

Key Takeaway

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

Housing Prices

How much do homes in Gold Bar, WA cost?

Median Sold Price

$472,500

$342/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2022

-$2,450(-0.5%)

Key Takeaway

Homes in Gold Bar have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in Gold Bar was $472,500 in August 2023, down 0.5% from last year, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 -$397.5K
N/A
2 $350K$435K
+24.3%
3 $470K$480K
+2.1%
4 $582.5K$567K
-2.7%
5+ --
N/A

Summary: Gold Bar housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.

Housing Supply

How many homes are available in Gold Bar, WA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
1617+6.3%

Summary: The Gold Bar real estate market had 17 homes for sale in August 2023, a 6.3% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 03
+100.0%
2 34
+33.3%
3 107
-30.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Gold Bar housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE
57+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gold Bar, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Gold Bar in August 2023, up by 40.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 57% were sold at asking, and 29% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
26 Days11 Days-54.7%

Summary: Homes in Gold Bar had an average of 11 days on market in Aug 2023, down by 54.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 7 homes were sold in Gold Bar; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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 25 Days Ago

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