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 October 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

$390,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,000(+20.0%)

Key Takeaway

Homes in Brewster-Wakefield have sold for 20% more than they did a year ago.

Summary: The median home sold price in Brewster-Wakefield was $390,000 in October 2024, up 20% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $257.5K$295K
+14.6%
2 $268.5K$350K
+30.4%
3 $385K$395K
+2.6%
4 -$400K
N/A
5+ $327.5K$565K
+72.5%

Summary: Brewster-Wakefield housing prices by bedroom type for October 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 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 72.5%.

Housing Supply in Brewster-Wakefield, WA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1317+30.8%

Summary: The Brewster-Wakefield real estate market had 17 homes for sale in October 2024, a 30.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 22
0.0%
3 79
+28.6%
4 13
+200.0%
5+ 11
0.0%

Summary: The Brewster-Wakefield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

3 Homes Were 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Brewster-Wakefield in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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

Oct 2023Oct 2024CHANGE
81 Days188 Days+133.0%

Summary: Homes in Brewster-Wakefield had an average of 188 days on market in Oct 2024, up by 133% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 4 homes were sold in Brewster-Wakefield; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

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