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 buyer's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

West Mason is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Mason, WA

How much do homes in West Mason, WA cost?

Median Sold Price

$352,500

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$2,500(+0.7%)

Key Takeaway

Homes in West Mason have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in West Mason was $352,500 in June 2024, up 0.7% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $259.9K$280K
+7.7%
2 $335K$353K
+5.4%
3 $412K$405K
-1.7%
4 $570K$505K
-11.4%
5+ -$320K
N/A

Summary: West Mason housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union-Grapeview
+2.1%
Kamilche
+1.4%
West Mason
+0.7%

Housing Supply in West Mason, WA

How many homes are available in West Mason, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
8391+9.6%

Summary: The West Mason real estate market had 91 homes for sale in June 2024, a 9.6% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 1514
-6.7%
2 4044
+10.0%
3 2126
+23.8%
4 77
0.0%
5+ 00
0.0%

Summary: The West Mason housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 23.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 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. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in West Mason in June 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Jun 2023Jun 2024CHANGE
13 Days76 Days+476.7%

Summary: Homes in West Mason had an average of 76 days on market in Jun 2024, up by 476.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 June 2024, 10 homes were sold in West Mason; 70% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 30% 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 21 Days Ago

Newest Listings in West Mason, WA

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