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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cathlamet is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Cathlamet was a Seller's Market.

Key Takeaway

Cathlamet is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cathlamet, WA

How much do homes in Cathlamet, WA cost?

Median Sold Price

$64,900

$66/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$515,850(-88.8%)

Key Takeaway

Homes in Cathlamet have sold for 88.8% less than they did a month ago.

Summary: The median home sold price in Cathlamet was $64,900 in November 2024, down 88.8% from last month, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $255K-
N/A
2 $67.9K$64.9K
-4.4%
3 $670K-
N/A
4 $601.5K-
N/A
5+ --
N/A

Summary: Cathlamet 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 4.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cathlamet, WA

How many homes are available in Cathlamet, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2517-32.0%

Summary: The Cathlamet real estate market had 17 homes for sale in November 2024, a 32.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 76
-14.3%
3 94
-55.6%
4 87
-12.5%
5+ 00
0.0%

Summary: The Cathlamet housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 55.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
81-87.5%

Asking Price vs. Sold Price

0 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 Cathlamet, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Cathlamet in November 2024, down by 87.5% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Cathlamet, WA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
95 Days62 Days-34.7%

Summary: Homes in Cathlamet had an average of 62 days on market in Nov 2024, down by 34.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cathlamet has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Cathlamet; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

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