$10,000 Closing Credit*
$1,200,000
4,362 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jack Thai, Listing Office: eXp Realty
Is Belfair, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Belfair has remained a Seller's Market.
Key Takeaway
Belfair is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belfair, WA
How much do homes in Belfair, WA cost?
Median Sold Price
$454,950
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,950(+1.1%)
Key Takeaway
Homes in Belfair have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Belfair was $454,950 in October 2024, up 1.1% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $307K | $413.3K | +34.6% |
| 2 Bedrooms | $435K | $451K | +3.7% |
| 3 Bedrooms | $432.7K | $435K | 0.5% |
| 4 Bedrooms | $527.9K | $499.9K | -5.3% |
| 5+ Bedrooms | $534.9K | $519.9K | -2.8% |
Summary: Belfair housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.6%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Union-Grapeview | $460K | $486.6K | +5.8% |
| Belfair | $450K | $454.9K | +1.1% |
| Allyn | $529.5K | $515K | -2.7% |
| Belfair-Tahuya | $449.9K | $430.8K | -4.2% |
Housing Supply in Belfair, WA
How many homes are available in Belfair, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 67 | -1.5% |
Summary: The Belfair real estate market had 67 homes for sale in October 2024, a 1.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 37 | 37 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Belfair housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belfair, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Belfair in October 2024, up by 30.8% month-over-month. Of the 17 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for Belfair, WA
How long does it take to sell a home in Belfair, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 40 Days | +72.8% |
Summary: Homes in Belfair had an average of 40 days on market in Oct 2024, up by 72.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belfair are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Belfair; 65% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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.