Is Pacific County, 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, Pacific County was a Seller's Market.
Housing Prices in Pacific County, WA
How much do homes in Pacific County, WA cost?
Median Sold Price
$341,983
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pacific County was $341,983 in May 2024, up 2.1% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199.9K | $249K | +24.5% |
2 Bedrooms | $327K | $319.9K | -2.2% |
3 Bedrooms | $353.3K | $400K | +13.2% |
4 Bedrooms | $458K | $402K | -12.2% |
5+ Bedrooms | $450K | $150K | -66.7% |
Summary: Pacific County 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 2.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes decreased by 66.7%.
Median Sold Price Compared To Nearby Counties
Pacific County | $334.8K | $341.9K | +2.1% |
Wahkiakum County | $427.5K | $432.5K | +1.2% |
Grays Harbor County | $341.1K | $341.5K | 0.1% |
Lewis County | $399.9K | $400K | 0.0% |
Housing Supply in Pacific County, WA
How many homes are available in Pacific County, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
252 | 303 | +20.2% |
Summary: The Pacific County real estate market had 303 homes for sale in May 2024, a 20.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 26 | +13.0% |
2 Bedrooms | 90 | 104 | +15.6% |
3 Bedrooms | 106 | 132 | +24.5% |
4 Bedrooms | 23 | 30 | +30.4% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Pacific County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 50 | +35.1% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Pacific County in May 2024, up by 35.1% month-over-month. Of the 50 sold homes, 64% were sold under asking, 26% were sold at asking, and 10% were sold over asking.
Days on Market for Pacific County, WA
How long does it take to sell a home in Pacific County, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 46 Days | +32.8% |
Summary: Homes in Pacific County had an average of 46 days on market in May 2024, up by 32.8% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 50 homes were sold in Pacific County; 58% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.