Is Mason County, 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, Mason County has remained a Seller's Market.
Housing Prices in Mason County, WA
How much do homes in Mason County, WA cost?
Median Sold Price
$406,112
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mason County was $406,112 in March 2024, down 0.9% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $282K | $290K | +2.8% |
2 Bedrooms | $373.5K | $385K | +3.1% |
3 Bedrooms | $424K | $408K | -3.8% |
4 Bedrooms | $495K | $512.4K | +3.5% |
5+ Bedrooms | $485K | $519.9K | +7.2% |
Summary: Mason County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Counties
Jefferson County | $600.2K | $640K | +6.6% |
Kitsap County | $523.6K | $540.1K | +3.2% |
Grays Harbor County | $339.8K | $343.8K | +1.2% |
Thurston County | $499.9K | $500K | 0.0% |
Mason County | $409.9K | $406.1K | -0.9% |
Housing Supply in Mason County, WA
How many homes are available in Mason County, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
279 | 324 | +16.1% |
Summary: The Mason County real estate market had 324 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 23 | +43.8% |
2 Bedrooms | 77 | 94 | +22.1% |
3 Bedrooms | 156 | 170 | +9.0% |
4 Bedrooms | 24 | 32 | +33.3% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Mason County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 43.8%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 | 63 | -1.6% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Mason County in March 2024, down by 1.6% month-over-month. Of the 63 sold homes, 48% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Mason County, WA
How long does it take to sell a home in Mason County, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 58 Days | -11.7% |
Summary: Homes in Mason County had an average of 58 days on market in Mar 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During March 2024, 63 homes were sold in Mason County; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.