Is Kalama, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kalama has remained a Seller's Market.
Housing Prices in Kalama, WA
How much do homes in Kalama, WA cost?
Median Sold Price
$494,997
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kalama was $494,997 in April 2024, down 3% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $560K | - | N/A |
2 Bedrooms | $374K | $375.2K | 0.3% |
3 Bedrooms | $494K | $490K | -0.8% |
4 Bedrooms | $511K | $537K | +5.1% |
5+ Bedrooms | $640K | $699.9K | +9.4% |
Summary: Kalama housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 9.4%.
Housing Supply in Kalama, WA
How many homes are available in Kalama, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 61 | +27.1% |
Summary: The Kalama real estate market had 61 homes for sale in April 2024, a 27.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 25 | 32 | +28.0% |
4 Bedrooms | 10 | 15 | +50.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Kalama 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 remained the same, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 12 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Kalama in April 2024, up by 200.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Kalama, WA
How long does it take to sell a home in Kalama, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 45 Days | -33.3% |
Summary: Homes in Kalama had an average of 45 days on market in Apr 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Kalama; 58% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.