Is Cle Elum, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cle Elum was a Seller's Market.
Housing Prices in Cle Elum, WA
How much do homes in Cle Elum, WA cost?
Median Sold Price
$912,500
$473/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cle Elum was $912,500 in April 2024, up 77.5% from last year, and the median price per square foot was $473.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $475K | $362.5K | -23.7% |
2 Bedrooms | $389.5K | $630.5K | +61.9% |
3 Bedrooms | $487K | $800K | +64.3% |
4 Bedrooms | $936.6K | $1.6M | +72.2% |
5+ Bedrooms | $2.1M | $2.1M | -0.5% |
Summary: Cle Elum housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.7%, 2 bedroom homes increased by 61.9%, 3 bedroom homes increased by 64.3%, 4 bedroom homes increased by 72.2%, and 5+ bedroom homes decreased by 0.5%.
Housing Supply in Cle Elum, WA
How many homes are available in Cle Elum, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
110 | 158 | +43.6% |
Summary: The Cle Elum real estate market had 158 homes for sale in April 2024, a 43.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 21 | +50.0% |
2 Bedrooms | 20 | 35 | +75.0% |
3 Bedrooms | 28 | 41 | +46.4% |
4 Bedrooms | 31 | 39 | +25.8% |
5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Cle Elum housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 46.4%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 10 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Cle Elum in April 2024, down by 33.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Cle Elum, WA
How long does it take to sell a home in Cle Elum, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 33 Days | -42.5% |
Summary: Homes in Cle Elum had an average of 33 days on market in Apr 2024, down by 42.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Cle Elum; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.