Is Cathlamet, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cathlamet is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Cathlamet has remained a Buyer's Market.

Key Takeaway

Cathlamet is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cathlamet, WA

How much do homes in Cathlamet, WA cost?

Median Sold Price

$392,500

$200/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$32,500(+9.0%)

Key Takeaway

Homes in Cathlamet have sold for 9% more than they did a month ago.

Summary: The median home sold price in Cathlamet was $392,500 in April 2024, up 9% from last month, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $360K$310K
-13.9%
4 -$475K
N/A
5+ --
N/A

Summary: Cathlamet housing prices by bedroom type for April 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 decreased by 13.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cathlamet, WA

How many homes are available in Cathlamet, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2632+23.1%

Summary: The Cathlamet real estate market had 32 homes for sale in April 2024, a 23.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1419
+35.7%
4 89
+12.5%
5+ 00
0.0%

Summary: The Cathlamet housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cathlamet, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Cathlamet in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Cathlamet, WA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
4 Days55 Days+1275.0%

Summary: Homes in Cathlamet had an average of 55 days on market in Apr 2024, up by 1275% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cathlamet are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Cathlamet; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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