Is Kalama, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Kalama was a Seller's Market.
Key Takeaway
Kalama is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kalama, WA
How much do homes in Kalama, WA cost?
Median Sold Price
$500,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Kalama have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Kalama was $500,000 in March 2024, down 2.9% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $560K | - | N/A |
| 2 Bedrooms | $374K | $377.4K | +0.9% |
| 3 Bedrooms | $499K | $490K | -1.8% |
| 4 Bedrooms | $511K | $574K | +12.3% |
| 5+ Bedrooms | $1.0M | $639K | -36.1% |
Summary: Kalama 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 0.9%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 36.1%.
Housing Supply in Kalama, WA
How many homes are available in Kalama, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 59 | +5.4% |
Summary: The Kalama real estate market had 59 homes for sale in March 2024, a 5.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Kalama housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kalama, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Kalama in March 2024, down by 70.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Kalama, WA
How long does it take to sell a home in Kalama, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 76 Days | 83 Days | +8.3% |
Summary: Homes in Kalama had an average of 83 days on market in Mar 2024, up by 8.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kalama are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Kalama; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.