Is Raymond, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Raymond was a Seller's Market.
Key Takeaway
Raymond is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Raymond, WA
How much do homes in Raymond, WA cost?
Median Sold Price
$267,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Raymond have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Raymond was $267,000 in March 2024, up 6.8% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $202.5K | +237.5% |
| 2 Bedrooms | $205K | $335K | +63.4% |
| 3 Bedrooms | $280K | $267K | -4.6% |
| 4 Bedrooms | $315K | $290K | -7.9% |
| 5+ Bedrooms | $284K | - | N/A |
Summary: Raymond housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 237.5%, 2 bedroom homes increased by 63.4%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Bend | $255.6K | $323K | +26.4% |
| Raymond | $250K | $267K | +6.8% |
Housing Supply in Raymond, WA
How many homes are available in Raymond, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Summary: The Raymond real estate market had 40 homes for sale in March 2024, a 29.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 17 | 24 | +41.2% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Raymond housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 41.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Raymond, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Raymond in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Raymond, WA
How long does it take to sell a home in Raymond, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 46 Days | +0.7% |
Summary: Homes in Raymond had an average of 46 days on market in Mar 2024, up by 0.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Raymond are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Raymond; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.