Is Sumas, 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, Sumas was a Seller's Market.
Housing Prices in Sumas, WA
How much do homes in Sumas, WA cost?
Median Sold Price
$365,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sumas was $365,000 in March 2024, down 1.4% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $138.5K | $33.5K | -75.8% |
2 Bedrooms | $260K | $37.5K | -85.6% |
3 Bedrooms | $423K | $429.9K | +1.6% |
4 Bedrooms | $447.7K | $326K | -27.2% |
5+ Bedrooms | $810K | $482.5K | -40.4% |
Summary: Sumas housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.8%, 2 bedroom homes decreased by 85.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 27.2%, and 5+ bedroom homes decreased by 40.4%.
Housing Supply in Sumas, WA
How many homes are available in Sumas, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Summary: The Sumas real estate market had 9 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sumas housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Sumas in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Sumas, WA
How long does it take to sell a home in Sumas, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
112 Days | 6 Days | -94.7% |
Summary: Homes in Sumas had an average of 6 days on market in Mar 2024, down by 94.7% 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
Summary: During March 2024, 1 homes were sold in Sumas; 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.