Is Gold Bar, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gold Bar is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Gold Bar was a Seller's Market.

Key Takeaway

Gold Bar 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 Gold Bar, WA

How much do homes in Gold Bar, WA cost?

Median Sold Price

$415,000

$391/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$74,900(-15.3%)

Key Takeaway

Homes in Gold Bar have sold for 15.3% less than they did a month ago.

Summary: The median home sold price in Gold Bar was $415,000 in November 2024, down 15.3% from last month, and the median price per square foot was $391.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $394.2K$377K
-4.4%
2 $635K$440K
-30.7%
3 $504K$302K
-40.1%
4 $489.9K$1.4M
+199.3%
5+ --
N/A

Summary: Gold Bar housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes decreased by 30.7%, 3 bedroom homes decreased by 40.1%, 4 bedroom homes increased by 199.3%, and 5+ bedroom homes did not change.

Housing Supply in Gold Bar, WA

How many homes are available in Gold Bar, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3530-14.3%

Summary: The Gold Bar real estate market had 30 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 75
-28.6%
2 97
-22.2%
3 1515
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Gold Bar housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
135-61.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gold Bar, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Gold Bar in November 2024, down by 61.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Gold Bar, WA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
24 Days29 Days+21.4%

Summary: Homes in Gold Bar had an average of 29 days on market in Nov 2024, up by 21.4% compared to last month.

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 Gold Bar are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Gold Bar; 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 17 Days Ago

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