Is Lake Cavanaugh, 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, Lake Cavanaugh was a Seller's Market.
Housing Prices in Lake Cavanaugh, WA
How much do homes in Lake Cavanaugh, WA cost?
Median Sold Price
$799,900
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Cavanaugh was $799,900 in April 2024, up 11.3% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $761.6K | $820K | +7.7% |
2 Bedrooms | $847.5K | $829.9K | -2.1% |
3 Bedrooms | $560K | $682.5K | +21.9% |
4 Bedrooms | $725K | $836.9K | +15.4% |
5+ Bedrooms | $1.1M | $861.5K | -28.1% |
Summary: Lake Cavanaugh housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 28.1%.
Median Sold Price Compared To Nearby Cities
Conway | $734.9K | $994.9K | +35.4% |
Lake Cavanaugh | $719K | $799.9K | +11.3% |
Lyman-Hamilton | $535K | $587.4K | +9.8% |
East Skagit | $339.9K | $350K | +3.0% |
Clear Lake | $668K | $627.5K | -6.1% |
Housing Supply in Lake Cavanaugh, WA
How many homes are available in Lake Cavanaugh, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Summary: The Lake Cavanaugh real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lake Cavanaugh 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Lake Cavanaugh in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Cavanaugh, WA
How long does it take to sell a home in Lake Cavanaugh, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 173 Days | +3970.6% |
Summary: Homes in Lake Cavanaugh had an average of 173 days on market in Apr 2024, up by 3970.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Lake Cavanaugh; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.