Is Brewster-Wakefield, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brewster-Wakefield is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Brewster-Wakefield was a Buyer's Market.

Key Takeaway

Brewster-Wakefield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brewster-Wakefield, WA

How much do homes in Brewster-Wakefield, WA cost?

Median Sold Price

$400,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$83,000(+26.2%)

Key Takeaway

Homes in Brewster-Wakefield have sold for 26.2% more than they did a year ago.

Summary: The median home sold price in Brewster-Wakefield was $400,000 in November 2024, up 26.2% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $257.5K$295K
+14.6%
2 $268.5K$350K
+30.4%
3 $385K$406K
+5.5%
4 -$410K
N/A
5+ $327.5K$565K
+72.5%

Summary: Brewster-Wakefield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 72.5%.

Median Sold Price Compared To Nearby Cities

Brewster-Wakefield
+26.2%
Brewster
+11.6%

Housing Supply in Brewster-Wakefield, WA

How many homes are available in Brewster-Wakefield, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117-36.4%

Summary: The Brewster-Wakefield real estate market had 7 homes for sale in November 2024, a 36.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 54
-20.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Brewster-Wakefield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brewster-Wakefield, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Brewster-Wakefield in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Brewster-Wakefield, WA

How long does it take to sell a home in Brewster-Wakefield, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
110 Days3 Days-97.3%

Summary: Homes in Brewster-Wakefield had an average of 3 days on market in Nov 2024, down by 97.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brewster-Wakefield are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Brewster-Wakefield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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