Is Woodmont Beach, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Woodmont Beach has remained a Seller's Market.
Housing Prices in Woodmont Beach, WA
How much do homes in Woodmont Beach, WA cost?
Median Sold Price
$612,500
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Woodmont Beach was $612,500 in March 2024, down 0.2% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $900K | $619K | -31.2% |
3 Bedrooms | $569.9K | $605K | +6.1% |
4 Bedrooms | $708K | $731.7K | +3.4% |
5+ Bedrooms | $876.9K | $580.5K | -33.8% |
Summary: Woodmont Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 33.8%.
Housing Supply in Woodmont Beach, WA
How many homes are available in Woodmont Beach, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Summary: The Woodmont Beach real estate market had 8 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Woodmont Beach 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 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Woodmont Beach in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Woodmont Beach, WA
How long does it take to sell a home in Woodmont Beach, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
2 Days | 20 Days | +730.0% |
Summary: Homes in Woodmont Beach had an average of 20 days on market in Mar 2024, up by 730% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Woodmont Beach; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.