Is Washougal, 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, Washougal was a Seller's Market.
Key Takeaway
Washougal is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Washougal, WA
How much do homes in Washougal, WA cost?
Median Sold Price
$669,900
$294/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Washougal have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Washougal was $669,900 in May 2024, up 11.7% from last year, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $337.5K | $550K | +63.0% |
| 2 Bedrooms | $335K | $381.5K | +13.9% |
| 3 Bedrooms | $500K | $575K | +15.0% |
| 4 Bedrooms | $647.4K | $715K | +10.4% |
| 5+ Bedrooms | $787K | $800K | +1.7% |
Summary: Washougal housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in Washougal, WA
How many homes are available in Washougal, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 186 | 207 | +11.3% |
Summary: The Washougal real estate market had 207 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 44 | 59 | +34.1% |
| 4 Bedrooms | 80 | 90 | +12.5% |
| 5+ Bedrooms | 49 | 44 | -10.2% |
Summary: The Washougal 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 7.7%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 10.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 29 | -17.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washougal, you could pay more than the asking price. 37.9% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Washougal in May 2024, down by 17.1% month-over-month. Of the 29 sold homes, 28% were sold under asking, 34% were sold at asking, and 38% were sold over asking.
Days on Market for Washougal, WA
How long does it take to sell a home in Washougal, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 36 Days | -10.5% |
Summary: Homes in Washougal had an average of 36 days on market in May 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Washougal are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 29 homes were sold in Washougal; 62% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.