Is Quilcene Bay-Brinnon, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quilcene Bay-Brinnon is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Quilcene Bay-Brinnon was a Seller's Market.

Key Takeaway

Quilcene Bay-Brinnon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Quilcene Bay-Brinnon, WA

How much do homes in Quilcene Bay-Brinnon, WA cost?

Median Sold Price

$355,050

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$44,950(-11.2%)

Key Takeaway

Homes in Quilcene Bay-Brinnon have sold for 11.2% less than they did a year ago.

Summary: The median home sold price in Quilcene Bay-Brinnon was $355,050 in May 2024, down 11.2% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $475K$221.5K
-53.4%
2 $392K$320K
-18.4%
3 $431.2K$505K
+17.1%
4 -$1.1M
N/A
5+ --
N/A

Summary: Quilcene Bay-Brinnon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.4%, 2 bedroom homes decreased by 18.4%, 3 bedroom homes increased by 17.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Agnew-Carlsborg
+6.3%
Hoodsport
+1.0%
Oak Bay-Port Ludlow
0.4%
Quilcene Bay-Brinnon
-11.2%

Housing Supply in Quilcene Bay-Brinnon, WA

How many homes are available in Quilcene Bay-Brinnon, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1827+50.0%

Summary: The Quilcene Bay-Brinnon real estate market had 27 homes for sale in May 2024, a 50.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 33
0.0%
2 1220
+66.7%
3 12
+100.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Quilcene Bay-Brinnon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quilcene Bay-Brinnon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Quilcene Bay-Brinnon in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Quilcene Bay-Brinnon, WA

How long does it take to sell a home in Quilcene Bay-Brinnon, WA?

Average Sale Time

May 2023May 2024CHANGE
85 Days183 Days+114.5%

Summary: Homes in Quilcene Bay-Brinnon had an average of 183 days on market in May 2024, up by 114.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Quilcene Bay-Brinnon are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 3 homes were sold in Quilcene Bay-Brinnon; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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