Is Cascade View, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cascade View is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Cascade View has remained a Seller's Market.

Key Takeaway

Cascade View is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cascade View, WA

How much do homes in Cascade View, WA cost?

Median Sold Price

$561,000

$382/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,900(-2.4%)

Key Takeaway

Homes in Cascade View have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Cascade View was $561,000 in October 2024, down 2.4% from last year, and the median price per square foot was $382.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $241.1K$229.9K
-4.6%
2 $379K$379.9K
0.2%
3 $599.9K$600K
0.0%
4 $656.5K$713.5K
+8.7%
5+ $625K-
N/A

Summary: Cascade View housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes increased by 0.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes did not change.

Housing Supply in Cascade View, WA

How many homes are available in Cascade View, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2036+80.0%

Summary: The Cascade View real estate market had 36 homes for sale in October 2024, a 80.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 67
+16.7%
3 612
+100.0%
4 715
+114.3%
5+ 00
0.0%

Summary: The Cascade View housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 114.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cascade View, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Cascade View in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.

Days on Market for Cascade View, WA

How long does it take to sell a home in Cascade View, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days25 Days+25.0%

Summary: Homes in Cascade View had an average of 25 days on market in Oct 2024, up by 25% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cascade View are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in Cascade View; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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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