Is Kittitas, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kittitas is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Kittitas, WA

How much do homes in Kittitas, WA cost?

Median Sold Price

$319,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$62,500(-16.4%)

Key Takeaway

Homes in Kittitas have sold for 16.4% less than they did a year ago.

Summary: The median home sold price in Kittitas was $319,000 in May 2024, down 16.4% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $250K$114.1K
-54.3%
3 $386.5K$332K
-14.1%
4 $442.5K-
N/A
5+ --
N/A

Summary: Kittitas housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 54.3%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kittitas, WA

How many homes are available in Kittitas, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
35+66.7%

Summary: The Kittitas real estate market had 5 homes for sale in May 2024, a 66.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Kittitas housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kittitas, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kittitas in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Kittitas, WA

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

Average Sale Time

May 2023May 2024CHANGE
52 Days2 Days-95.2%

Summary: Homes in Kittitas had an average of 2 days on market in May 2024, down by 95.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Kittitas; 100% of homes were sold within 30 days, 0% 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 13 Days Ago

Newest Listings in Kittitas, WA

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