Is Longview-Kelso, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Longview-Kelso has remained a Seller's Market.
Housing Prices in Longview-Kelso, WA
How much do homes in Longview-Kelso, WA cost?
Median Sold Price
$360,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Longview-Kelso was $360,000 in March 2024, up 1.4% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212K | $244.4K | +15.3% |
2 Bedrooms | $280K | $280.1K | 0.1% |
3 Bedrooms | $365K | $369.9K | +1.3% |
4 Bedrooms | $423K | $449.9K | +6.4% |
5+ Bedrooms | $474.5K | $461.6K | -2.7% |
Summary: Longview-Kelso housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
Rose Valley | $476.4K | $550K | +15.4% |
Kelso | $319K | $365K | +14.4% |
Longview | $356.9K | $370.4K | +3.8% |
Longview-Kelso | $355K | $360K | +1.4% |
Housing Supply in Longview-Kelso, WA
How many homes are available in Longview-Kelso, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
426 | 444 | +4.2% |
Summary: The Longview-Kelso real estate market had 444 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 9 | +125.0% |
2 Bedrooms | 80 | 91 | +13.8% |
3 Bedrooms | 222 | 213 | -4.1% |
4 Bedrooms | 102 | 114 | +11.8% |
5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Longview-Kelso housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 125%, 2 bedroom homes increased by 13.8%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
94 | 113 | +20.2% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Summary: A total of 113 homes were sold or pending in Longview-Kelso in March 2024, up by 20.2% month-over-month. Of the 113 sold homes, 28% were sold under asking, 28% were sold at asking, and 43% were sold over asking.
Days on Market for Longview-Kelso, WA
How long does it take to sell a home in Longview-Kelso, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 60 Days | +40.4% |
Summary: Homes in Longview-Kelso had an average of 60 days on market in Mar 2024, up by 40.4% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Summary: During March 2024, 113 homes were sold in Longview-Kelso; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.