Is Quilcene Bay-Brinnon, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quilcene Bay-Brinnon is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Quilcene Bay-Brinnon was a Seller's Market.

Key Takeaway

Quilcene Bay-Brinnon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Quilcene Bay-Brinnon, WA

How much do homes in Quilcene Bay-Brinnon, WA cost?

Median Sold Price

$371,000

$268/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$4,000(-1.1%)

Key Takeaway

Homes in Quilcene Bay-Brinnon have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Quilcene Bay-Brinnon was $371,000 in March 2024, down 1.1% from last year, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $615K$275K
-55.3%
2 $342.5K$320K
-6.6%
3 $375K$448.7K
+19.7%
4 -$1.1M
N/A
5+ --
N/A

Summary: Quilcene Bay-Brinnon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.3%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 19.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Agnew-Carlsborg
+7.0%
Oak Bay-Port Ludlow
0.3%
Lilliwaup
-0.8%
Quilcene Bay-Brinnon
-1.1%

Housing Supply in Quilcene Bay-Brinnon, WA

How many homes are available in Quilcene Bay-Brinnon, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1519+26.7%

Summary: The Quilcene Bay-Brinnon real estate market had 19 homes for sale in March 2024, a 26.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 34
+33.3%
2 810
+25.0%
3 23
+50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Quilcene Bay-Brinnon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quilcene Bay-Brinnon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Quilcene Bay-Brinnon in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Quilcene Bay-Brinnon, WA

How long does it take to sell a home in Quilcene Bay-Brinnon, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
66 Days234 Days+252.0%

Summary: Homes in Quilcene Bay-Brinnon had an average of 234 days on market in Mar 2024, up by 252% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Quilcene Bay-Brinnon are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 3 homes were sold in Quilcene Bay-Brinnon; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 23 Days Ago

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