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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clearwood is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Clearwood was a Neutral Market.

Key Takeaway

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

Housing Prices in Clearwood, WA

How much do homes in Clearwood, WA cost?

Median Sold Price

$410,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,000(+2.5%)

Key Takeaway

Homes in Clearwood have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Clearwood was $410,000 in December 2024, up 2.5% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $280K-
N/A
2 $345K$362K
+4.9%
3 $400K$415K
+3.8%
4 $421K$418K
-0.7%
5+ --
N/A

Summary: Clearwood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes did not change.

Housing Supply in Clearwood, WA

How many homes are available in Clearwood, WA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3129-6.5%

Summary: The Clearwood real estate market had 29 homes for sale in December 2024, a 6.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2624
-7.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Clearwood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clearwood, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Clearwood in December 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% were sold over asking.

Days on Market for Clearwood, WA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
31 Days24 Days-20.6%

Summary: Homes in Clearwood had an average of 24 days on market in Dec 2024, down by 20.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 5 homes were sold in Clearwood; 60% of homes were sold within 30 days, 40% 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 2 Days Ago

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