$10,000 Closing Credit*
$1,275,000
1,881 SqFt
3 Beds
•2 Full Baths, 1 Partial
Erica R. Clibborn, Listing Office: Windermere Real Estate Midtown
Is Cle Elum, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cle Elum was a Neutral Market.
Key Takeaway
Cle Elum is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cle Elum, WA
How much do homes in Cle Elum, WA cost?
Median Sold Price
$855,000
$462/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$55,000(+6.9%)
Key Takeaway
Homes in Cle Elum have sold for 6.9% more than they did a month ago.
Summary: The median home sold price in Cle Elum was $855,000 in November 2024, up 6.9% from last month, and the median price per square foot was $462.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $427.5K | $335K | -21.6% |
| 2 Bedrooms | $407K | $590K | +45.0% |
| 3 Bedrooms | $735K | $475K | -35.4% |
| 4 Bedrooms | $1.7M | $1.7M | -1.9% |
| 5+ Bedrooms | $2.3M | - | N/A |
Summary: Cle Elum housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 21.6%, 2 bedroom homes increased by 45%, 3 bedroom homes decreased by 35.4%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Cle Elum | $365K | $542K | +48.5% |
| Cle Elum | $800K | $855K | +6.9% |
Housing Supply in Cle Elum, WA
How many homes are available in Cle Elum, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 167 | 158 | -5.4% |
Summary: The Cle Elum real estate market had 158 homes for sale in November 2024, a 5.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 16 | -11.1% |
| 2 Bedrooms | 37 | 37 | 0.0% |
| 3 Bedrooms | 38 | 34 | -10.5% |
| 4 Bedrooms | 49 | 42 | -14.3% |
| 5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The Cle Elum housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 14 | -44.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cle Elum, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Cle Elum in November 2024, down by 44.0% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Cle Elum, WA
How long does it take to sell a home in Cle Elum, WA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 95 Days | +22.8% |
Summary: Homes in Cle Elum had an average of 95 days on market in Nov 2024, up by 22.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cle Elum are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Cle Elum; 36% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.