Is West Mason, 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, West Mason has remained a Buyer's Market.
Key Takeaway
West Mason is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Mason, WA
How much do homes in West Mason, WA cost?
Median Sold Price
$352,500
$289/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in West Mason has remained the same since last year.
Summary: The median home sold price in West Mason was $352,500 in April 2024, the same as last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259.9K | $283.7K | +9.2% |
| 2 Bedrooms | $350K | $350K | 0.0% |
| 3 Bedrooms | $399.9K | $439.9K | +10.0% |
| 4 Bedrooms | $570K | $498.5K | -12.5% |
| 5+ Bedrooms | - | $320K | N/A |
Summary: West Mason housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Union-Grapeview | $450K | $465K | +3.3% |
| West Mason | $352.5K | $352.5K | 0.0% |
Housing Supply in West Mason, WA
How many homes are available in West Mason, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 61 | +38.6% |
Summary: The West Mason real estate market had 61 homes for sale in April 2024, a 38.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 20 | 30 | +50.0% |
| 3 Bedrooms | 10 | 16 | +60.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The West Mason housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Mason, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in West Mason in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for West Mason, WA
How long does it take to sell a home in West Mason, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 140 Days | 29 Days | -79.1% |
Summary: Homes in West Mason had an average of 29 days on market in Apr 2024, down by 79.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in West Mason are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in West Mason; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.