Is Port Angeles, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Port Angeles has remained a Seller's Market.
Housing Prices in Port Angeles, WA
How much do homes in Port Angeles, WA cost?
Median Sold Price
$425,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Port Angeles was $425,000 in February 2024, up 10.4% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249.9K | $251K | 0.4% |
2 Bedrooms | $310K | $315.1K | +1.6% |
3 Bedrooms | $392.2K | $439.9K | +12.1% |
4 Bedrooms | $437.5K | $436.5K | -0.2% |
5+ Bedrooms | $515K | $610K | +18.4% |
Summary: Port Angeles housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 18.4%.
Housing Supply in Port Angeles, WA
How many homes are available in Port Angeles, WA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
51 | 65 | +27.5% |
Summary: The Port Angeles real estate market had 65 homes for sale in February 2024, a 27.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 6 | 10 | +66.7% |
3 Bedrooms | 33 | 40 | +21.2% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Port Angeles housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 19 | +375.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Port Angeles in February 2024, up by 375.0% month-over-month. Of the 19 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% were sold over asking.
Days on Market for Port Angeles, WA
How long does it take to sell a home in Port Angeles, WA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
42 Days | 52 Days | +23.6% |
Summary: Homes in Port Angeles had an average of 52 days on market in Feb 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 19 homes were sold in Port Angeles; 47% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.