Is Douglas, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Douglas has remained a Seller's Market.
Key Takeaway
Douglas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Douglas, WY cost?
Median Sold Price
$207,500
$122/sqft
Based on all homes sold in August 2023.
Difference Since Last Month
Key Takeaway
Homes in Douglas have sold for 20.2% less than they did a month ago.
Summary: The median home sold price in Douglas was $207,500 in August 2023, down 20.2% from last month, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $170K | +9.7% |
| 3 Bedrooms | $194K | $207.5K | +7.0% |
| 4 Bedrooms | $286.5K | $305K | +6.5% |
| 5+ Bedrooms | $329K | - | N/A |
Summary: Douglas housing prices by bedroom type for August 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.
Housing Supply
How many homes are available in Douglas, WY?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 66 | 58 | -12.1% |
Summary: The Douglas real estate market had 58 homes for sale in August 2023, a 12.1% decrease compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 29 | 25 | -13.8% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Douglas housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglas, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Douglas in August 2023, down by 14.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 70% were sold at asking, and 0% were sold over asking.
Days on Market
How long does it take to sell a home in Douglas, WY?
Average Sale Time
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 52 Days | 60 Days | +16.8% |
Summary: Homes in Douglas had an average of 60 days on market in Aug 2023, up by 16.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Douglas has remained consistent over time.
Summary: During August 2023, 12 homes were sold in Douglas; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2023 Wyoming MLS. All Rights Reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2023 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.