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 March 2023

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 in Gold Bar, WA

How much do homes in Gold Bar, WA cost?

Median Sold Price

$475,000

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$12,000(-2.5%)

Key Takeaway

Homes in Gold Bar have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Gold Bar was $475,000 in March 2024, down 2.5% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$360K
N/A
2 $314.9K$450K
+42.9%
3 $475K$477.5K
0.5%
4 $626K$566K
-9.6%
5+ --
N/A

Summary: Gold Bar housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes did not change.

Housing Supply in Gold Bar, WA

How many homes are available in Gold Bar, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2017-15.0%

Summary: The Gold Bar real estate market had 17 homes for sale in March 2024, a 15.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 53
-40.0%
3 1212
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Gold Bar housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gold Bar, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Gold Bar in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Gold Bar, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
48 Days37 Days-21.2%

Summary: Homes in Gold Bar had an average of 37 days on market in Mar 2024, down by 21.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 March 2024, 6 homes were sold in Gold Bar; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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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