Is Cashmere, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cashmere is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Cashmere was a Seller's Market.

Key Takeaway

Cashmere is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cashmere, WA

How much do homes in Cashmere, WA cost?

Median Sold Price

$440,000

$194/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$292,500(-39.9%)

Key Takeaway

Homes in Cashmere have sold for 39.9% less than they did a month ago.

Summary: The median home sold price in Cashmere was $440,000 in November 2024, down 39.9% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $732.5K-
N/A
2 $750K$440K
-41.3%
3 $549.7K$437.5K
-20.4%
4 $880K-
N/A
5+ --
N/A

Summary: Cashmere housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.3%, 3 bedroom homes decreased by 20.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cashmere, WA

How many homes are available in Cashmere, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2321-8.7%

Summary: The Cashmere real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 1211
-8.3%
4 55
0.0%
5+ 22
0.0%

Summary: The Cashmere 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 33.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 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 Cashmere, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Cashmere in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Cashmere, WA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
72 Days64 Days-10.2%

Summary: Homes in Cashmere had an average of 64 days on market in Nov 2024, down by 10.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Cashmere are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Cashmere; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

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