Is Long Beach-North Beach Peninsula, 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, Long Beach-North Beach Peninsula was a Seller's Market.
Housing Prices in Long Beach-North Beach Peninsula, WA
How much do homes in Long Beach-North Beach Peninsula, WA cost?
Median Sold Price
$349,950
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Long Beach-North Beach Peninsula was $349,950 in May 2024, up 1.5% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $249K | +24.5% |
2 Bedrooms | $330K | $321.7K | -2.5% |
3 Bedrooms | $370K | $421.5K | +13.9% |
4 Bedrooms | $564.5K | $546K | -3.3% |
5+ Bedrooms | $553K | $150K | -72.9% |
Summary: Long Beach-North Beach Peninsula housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.5%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 72.9%.
Median Sold Price Compared To Nearby Cities
Long Beach | $300K | $349.9K | +16.7% |
Long Beach-North Beach Peninsula | $344.7K | $349.9K | +1.5% |
Naselle | $405K | $364K | -10.1% |
Seaview | $387K | $312K | -19.4% |
Housing Supply in Long Beach-North Beach Peninsula, WA
How many homes are available in Long Beach-North Beach Peninsula, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
183 | 228 | +24.6% |
Summary: The Long Beach-North Beach Peninsula real estate market had 228 homes for sale in May 2024, a 24.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 24 | +14.3% |
2 Bedrooms | 75 | 90 | +20.0% |
3 Bedrooms | 71 | 91 | +28.2% |
4 Bedrooms | 10 | 17 | +70.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Long Beach-North Beach Peninsula housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 70%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 37 | +37.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Long Beach-North Beach Peninsula in May 2024, up by 37.0% month-over-month. Of the 37 sold homes, 57% were sold under asking, 32% were sold at asking, and 11% were sold over asking.
Days on Market for Long Beach-North Beach Peninsula, WA
How long does it take to sell a home in Long Beach-North Beach Peninsula, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 35 Days | -1.9% |
Summary: Homes in Long Beach-North Beach Peninsula had an average of 35 days on market in May 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 37 homes were sold in Long Beach-North Beach Peninsula; 70% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.