Is Shelton, 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, Shelton has remained a Seller's Market.
Housing Prices in Shelton, WA
How much do homes in Shelton, WA cost?
Median Sold Price
$385,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Shelton was $385,000 in April 2024, up 6.9% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $216K | $290K | +34.3% |
2 Bedrooms | $285K | $335K | +17.5% |
3 Bedrooms | $359K | $384.7K | +7.2% |
4 Bedrooms | $426K | $498.4K | +17.0% |
5+ Bedrooms | $420K | $442K | +5.2% |
Summary: Shelton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.3%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in Shelton, WA
How many homes are available in Shelton, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 194 | +19.0% |
Summary: The Shelton real estate market had 194 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 50 | 58 | +16.0% |
3 Bedrooms | 89 | 104 | +16.9% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Shelton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 37 | -5.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Shelton in April 2024, down by 5.1% month-over-month. Of the 37 sold homes, 43% were sold under asking, 35% were sold at asking, and 22% were sold over asking.
Days on Market for Shelton, WA
How long does it take to sell a home in Shelton, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 43 Days | -15.1% |
Summary: Homes in Shelton had an average of 43 days on market in Apr 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 37 homes were sold in Shelton; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.