Is West Mason, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, West Mason was a Seller's Market.
Housing Prices in West Mason, WA
How much do homes in West Mason, WA cost?
Median Sold Price
$351,250
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Mason was $351,250 in May 2024, up 0.4% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $259.9K | $285K | +9.7% |
2 Bedrooms | $350K | $350K | 0.0% |
3 Bedrooms | $405.9K | $409.9K | +1.0% |
4 Bedrooms | $570K | $505K | -11.4% |
5+ Bedrooms | - | $320K | N/A |
Summary: West Mason housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kamilche | $365K | $375K | +2.7% |
Union-Grapeview | $455K | $461K | +1.3% |
West Mason | $350K | $351.2K | 0.4% |
Housing Supply in West Mason, WA
How many homes are available in West Mason, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
63 | 82 | +30.2% |
Summary: The West Mason real estate market had 82 homes for sale in May 2024, a 30.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 16 | +33.3% |
2 Bedrooms | 30 | 41 | +36.7% |
3 Bedrooms | 15 | 18 | +20.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Mason housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 36.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in West Mason in May 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 63% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 68 Days | +447.6% |
Summary: Homes in West Mason had an average of 68 days on market in May 2024, up by 447.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in West Mason; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.