Is Sequim, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sequim is a seller's market

Buyer's
Market

Difference Since April 2021

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

Key Takeaway

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

How much do homes in Sequim, WA cost?

Median Sold Price

$459,000

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$34,100(+8.0%)

Key Takeaway

Homes in Sequim have sold for 8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 -$175K
N/A
2 $377K$410K
+8.8%
3 $424.9K$460K
+8.3%
4 $443.5K$560K
+26.3%
5+ $735K$547K
-25.6%

How many homes are available in Sequim, WA?

Number of Homes For Sale

Mar 2022Apr 2022%
2124+14.3%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 78
+14.3%
3 1113
+18.2%
4 11
0.0%
5+ 22
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
69+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sequim, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
12 Days12 Days+2.9%

Breakdown of Home Sale Times

8 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 Sequim are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Sequim, WA

There are 24 homes are for sale in Sequim, WA real estate market. The number of homes for sale in Sequim, WA increased by 14.3% between March 2022 and April 2022. In April 2022 median list price was $459,000 and the average listing age was 12 days. From March 2022 through April 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 8.8%, 3 bedrooms properties prices increased by 8.3%, the cost of 4 bedrooms properties went up by 26.3%, prices of 5 bedrooms properties decreased by 25.6%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory increased by 14.3%, number of 3 bedrooms homes increased by 18.2%, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes have not changed. While more than 6 listings in Sequim, WA in April 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below.