Is Winlock-Pe Ell, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winlock-Pe Ell is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Winlock-Pe Ell has remained a Seller's Market.

Key Takeaway

Winlock-Pe Ell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winlock-Pe Ell, WA

How much do homes in Winlock-Pe Ell, WA cost?

Median Sold Price

$387,500

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$33,500(-8.0%)

Key Takeaway

Homes in Winlock-Pe Ell have sold for 8% less than they did a year ago.

Summary: The median home sold price in Winlock-Pe Ell was $387,500 in March 2024, down 8% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $93K$355.5K
+282.3%
2 $308K$300K
-2.6%
3 $452.8K$380K
-16.1%
4 $490K$467.7K
-4.5%
5+ $475K$474.5K
-0.1%

Summary: Winlock-Pe Ell housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 282.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 0.1%.

Median Sold Price Compared To Nearby Cities

Winlock
+9.8%
Toledo-Vader
+5.1%
Newaukum Prairie
+1.4%
Winlock-Pe Ell
-8.0%

Housing Supply in Winlock-Pe Ell, WA

How many homes are available in Winlock-Pe Ell, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4452+18.2%

Summary: The Winlock-Pe Ell real estate market had 52 homes for sale in March 2024, a 18.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 43
-25.0%
3 2635
+34.6%
4 1011
+10.0%
5+ 33
0.0%

Summary: The Winlock-Pe Ell housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 34.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winlock-Pe Ell, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Winlock-Pe Ell in March 2024, down by 30.8% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.

Days on Market for Winlock-Pe Ell, WA

How long does it take to sell a home in Winlock-Pe Ell, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
122 Days65 Days-46.4%

Summary: Homes in Winlock-Pe Ell had an average of 65 days on market in Mar 2024, down by 46.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winlock-Pe Ell are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 9 homes were sold in Winlock-Pe Ell; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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

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