Is Port Gardner, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Gardner is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Port Gardner, WA

How much do homes in Port Gardner, WA cost?

Median Sold Price

$550,000

$335/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$51,000(+10.2%)

Key Takeaway

Homes in Port Gardner have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Port Gardner was $550,000 in April 2024, up 10.2% from last year, and the median price per square foot was $335.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $330K$265K
-19.7%
2 $432K$420K
-2.8%
3 $516K$605K
+17.2%
4 $585K$679.2K
+16.1%
5+ $703.7K$925K
+31.4%

Summary: Port Gardner housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.7%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 31.4%.

Housing Supply in Port Gardner, WA

How many homes are available in Port Gardner, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1619+18.8%

Summary: The Port Gardner real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 79
+28.6%
3 33
0.0%
4 44
0.0%
5+ 12
+100.0%

Summary: The Port Gardner housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Gardner, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Port Gardner in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.

Days on Market for Port Gardner, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days13 Days+2.2%

Summary: Homes in Port Gardner had an average of 13 days on market in Apr 2024, up by 2.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 8 homes were sold in Port Gardner; 88% of homes were sold within 30 days, 13% 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 11 Days Ago

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