Is South Cle Elum, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Cle Elum is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, South Cle Elum has remained a Seller's Market.

Key Takeaway

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

Housing Prices in South Cle Elum, WA

How much do homes in South Cle Elum, WA cost?

Median Sold Price

$384,750

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$250(-0.1%)

Key Takeaway

The sold price of homes in South Cle Elum has remained the same since last year.

Summary: The median home sold price in South Cle Elum was $384,750 in May 2024, down 0.1% from last year, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $315K$381.5K
+21.1%
3 $394.9K$429K
+8.6%
4 $480K$375.5K
-21.8%
5+ --
N/A

Summary: South Cle Elum housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cle Elum
+60.7%
South Cle Elum
-0.1%

Housing Supply in South Cle Elum, WA

How many homes are available in South Cle Elum, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
35+66.7%

Summary: The South Cle Elum real estate market had 5 homes for sale in May 2024, a 66.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 11
0.0%
3 13
+200.0%
4 00
0.0%
5+ 00
0.0%

Summary: The South Cle Elum housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Cle Elum, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in South Cle Elum in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for South Cle Elum, WA

How long does it take to sell a home in South Cle Elum, WA?

Average Sale Time

May 2023May 2024CHANGE
149 Days8 Days-94.6%

Summary: Homes in South Cle Elum had an average of 8 days on market in May 2024, down by 94.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Cle Elum are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in South Cle Elum; 100% of homes were sold within 30 days, 0% 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 13 Days Ago

Newest Listings in South Cle Elum, WA

Nearby Markets to South Cle Elum, WA