Is Garibaldi, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Garibaldi is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Garibaldi has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Garibaldi, OR

How much do homes in Garibaldi, OR cost?

Median Sold Price

$274,000

$294/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$202,000(-42.4%)

Key Takeaway

Homes in Garibaldi have sold for 42.4% less than they did a month ago.

Summary: The median home sold price in Garibaldi was $274,000 in December 2024, down 42.4% from last month, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$274K
N/A
3 $476K-
N/A
4 --
N/A
5+ --
N/A

Summary: Garibaldi housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Garibaldi, OR

How many homes are available in Garibaldi, OR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1211-8.3%

Summary: The Garibaldi real estate market had 11 homes for sale in December 2024, a 8.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 54
-20.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Garibaldi housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Garibaldi, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Garibaldi in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Garibaldi, OR

How long does it take to sell a home in Garibaldi, OR?

Average Sale Time

Nov 2024Dec 2024CHANGE
161 Days137 Days-14.9%

Summary: Homes in Garibaldi had an average of 137 days on market in Dec 2024, down by 14.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Garibaldi; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

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