Is Long Beach-North Beach Peninsula, 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, Long Beach-North Beach Peninsula was a Seller's Market.
Housing Prices in Long Beach-North Beach Peninsula, WA
How much do homes in Long Beach-North Beach Peninsula, WA cost?
Median Sold Price
$350,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Long Beach-North Beach Peninsula was $350,000 in March 2024, up 1.4% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199.9K | $249.9K | +25.0% |
2 Bedrooms | $333.5K | $325.7K | -2.3% |
3 Bedrooms | $370K | $420.5K | +13.6% |
4 Bedrooms | $650K | $558K | -14.2% |
5+ Bedrooms | $566K | $150K | -73.5% |
Summary: Long Beach-North Beach Peninsula housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes decreased by 73.5%.
Median Sold Price Compared To Nearby Cities
Long Beach | $299K | $355K | +18.7% |
Long Beach-North Beach Peninsula | $345K | $350K | +1.4% |
Seaview | $370K | $319K | -13.8% |
Ilwaco | $460K | $330K | -28.3% |
Housing Supply in Long Beach-North Beach Peninsula, WA
How many homes are available in Long Beach-North Beach Peninsula, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
169 | 206 | +21.9% |
Summary: The Long Beach-North Beach Peninsula real estate market had 206 homes for sale in March 2024, a 21.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 22 | +46.7% |
2 Bedrooms | 66 | 85 | +28.8% |
3 Bedrooms | 71 | 79 | +11.3% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Long Beach-North Beach Peninsula housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 46.7%, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Long Beach-North Beach Peninsula in March 2024, up by 9.5% month-over-month. Of the 23 sold homes, 57% were sold under asking, 35% were sold at asking, and 9% were sold over asking.
Days on Market for Long Beach-North Beach Peninsula, WA
How long does it take to sell a home in Long Beach-North Beach Peninsula, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
110 Days | 74 Days | -32.8% |
Summary: Homes in Long Beach-North Beach Peninsula had an average of 74 days on market in Mar 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Long Beach-North Beach Peninsula; 43% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.