Is West Longview, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, West Longview has remained a Seller's Market.
Housing Prices in West Longview, WA
How much do homes in West Longview, WA cost?
Median Sold Price
$438,075
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Longview was $438,075 in May 2024, up 6.4% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $316.5K | $350K | +10.6% |
3 Bedrooms | $406.5K | $415.7K | +2.3% |
4 Bedrooms | $456K | $468K | +2.6% |
5+ Bedrooms | $509.9K | $461.6K | -9.5% |
Summary: West Longview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 9.5%.
Housing Supply in West Longview, WA
How many homes are available in West Longview, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Summary: The West Longview real estate market had 15 homes for sale in May 2024, a 6.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Longview housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in West Longview in May 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for West Longview, WA
How long does it take to sell a home in West Longview, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 26 Days | +12.7% |
Summary: Homes in West Longview had an average of 26 days on market in May 2024, up by 12.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in West Longview; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.