Is Westport, 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, Westport was a Seller's Market.
Housing Prices in Westport, WA
How much do homes in Westport, WA cost?
Median Sold Price
$349,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Westport was $349,000 in March 2024, down 3.1% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $329K | $14.5K | -95.6% |
2 Bedrooms | $340K | $300K | -11.8% |
3 Bedrooms | $360K | $392K | +8.9% |
4 Bedrooms | $542.5K | $400K | -26.3% |
5+ Bedrooms | $685K | - | N/A |
Summary: Westport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 95.6%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes did not change.
Housing Supply in Westport, WA
How many homes are available in Westport, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 33 | +6.5% |
Summary: The Westport real estate market had 33 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 11 | 15 | +36.4% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Westport 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 increased by 36.4%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Westport in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Westport, WA
How long does it take to sell a home in Westport, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
66 Days | 78 Days | +18.1% |
Summary: Homes in Westport had an average of 78 days on market in Mar 2024, up by 18.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Westport; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.