Is Douglas County, 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, Douglas County has remained a Seller's Market.
Housing Prices in Douglas County, WA
How much do homes in Douglas County, WA cost?
Median Sold Price
$481,500
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Douglas County was $481,500 in May 2024, up 2.4% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $257K | $282K | +9.7% |
2 Bedrooms | $350K | $425K | +21.4% |
3 Bedrooms | $444.7K | $469.9K | +5.7% |
4 Bedrooms | $592.4K | $602.5K | +1.7% |
5+ Bedrooms | $615K | $700K | +13.8% |
Summary: Douglas County 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 increased by 21.4%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Counties
Okanogan County | $339K | $359.6K | +6.1% |
Douglas County | $470K | $481.5K | +2.4% |
Grant County | $339.5K | $344.8K | +1.6% |
Chelan County | $550K | $545.1K | -0.9% |
Kittitas County | $542.4K | $528K | -2.6% |
Housing Supply in Douglas County, WA
How many homes are available in Douglas County, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
169 | 204 | +20.7% |
Summary: The Douglas County real estate market had 204 homes for sale in May 2024, a 20.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 6 | +200.0% |
2 Bedrooms | 15 | 21 | +40.0% |
3 Bedrooms | 96 | 116 | +20.8% |
4 Bedrooms | 40 | 41 | +2.5% |
5+ Bedrooms | 16 | 20 | +25.0% |
Summary: The Douglas County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 45 | +2.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Douglas County in May 2024, up by 2.3% month-over-month. Of the 45 sold homes, 31% were sold under asking, 29% were sold at asking, and 40% were sold over asking.
Days on Market for Douglas County, WA
How long does it take to sell a home in Douglas County, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 38 Days | +51.5% |
Summary: Homes in Douglas County had an average of 38 days on market in May 2024, up by 51.5% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 45 homes were sold in Douglas County; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.