Is West Mason, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Mason is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, West Mason was a Seller's Market.

Key Takeaway

West Mason 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 West Mason, WA

How much do homes in West Mason, WA cost?

Median Sold Price

$360,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$10,000(+2.9%)

Key Takeaway

Homes in West Mason have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in West Mason was $360,000 in September 2024, up 2.9% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $285K$279K
-2.1%
2 $335K$367.5K
+9.7%
3 $402K$465K
+15.7%
4 $525K$505K
-3.8%
5+ -$320K
N/A

Summary: West Mason housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kamilche
+8.2%
Union-Grapeview
+5.2%
West Mason
+2.9%

Housing Supply in West Mason, WA

How many homes are available in West Mason, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
8377-7.2%

Summary: The West Mason real estate market had 77 homes for sale in September 2024, a 7.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 1918
-5.3%
2 3536
+2.9%
3 2518
-28.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The West Mason housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 28%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Mason, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in West Mason in September 2024, down by 26.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for West Mason, WA

How long does it take to sell a home in West Mason, WA?

Average Sale Time

Sep 2023Sep 2024CHANGE
32 Days47 Days+48.0%

Summary: Homes in West Mason had an average of 47 days on market in Sep 2024, up by 48% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Mason are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 11 homes were sold in West Mason; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% 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 24 Days Ago

Newest Listings in West Mason, WA

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