Is Wilderness Rim, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilderness Rim is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wilderness Rim has remained a Seller's Market.

Key Takeaway

Wilderness Rim is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wilderness Rim, WA

How much do homes in Wilderness Rim, WA cost?

Median Sold Price

$720,000

$448/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$70,000(+10.8%)

Key Takeaway

Homes in Wilderness Rim have sold for 10.8% more than they did a month ago.

Summary: The median home sold price in Wilderness Rim was $720,000 in March 2024, up 10.8% from last month, and the median price per square foot was $448.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$675K
N/A
3 $650K$765K
+17.7%
4 --
N/A
5+ --
N/A

Summary: Wilderness Rim housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wilderness Rim, WA

How many homes are available in Wilderness Rim, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
54-20.0%

Summary: The Wilderness Rim real estate market had 4 homes for sale in March 2024, a 20.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Wilderness Rim 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilderness Rim, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wilderness Rim in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Wilderness Rim, WA

How long does it take to sell a home in Wilderness Rim, WA?

Average Sale Time

Feb 2024Mar 2024CHANGE
10 Days5 Days-46.8%

Summary: Homes in Wilderness Rim had an average of 5 days on market in Mar 2024, down by 46.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Wilderness Rim are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Wilderness Rim; 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 30 Days Ago

Newest Listings in Wilderness Rim, WA

Nearby Markets to Wilderness Rim, WA