Is Long Beach-North Beach Peninsula, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Long Beach-North Beach Peninsula is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Long Beach-North Beach Peninsula was a Seller's Market.

Key Takeaway

Long Beach-North Beach Peninsula 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 Long Beach-North Beach Peninsula, WA

How much do homes in Long Beach-North Beach Peninsula, WA cost?

Median Sold Price

$350,000

$285/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Long Beach-North Beach Peninsula has remained the same since last year.

Summary: The median home sold price in Long Beach-North Beach Peninsula was $350,000 in November 2024, the same as last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$228K
-3.0%
2 $329K$322.5K
-2.0%
3 $417.5K$430K
+3.0%
4 $479K$543K
+13.4%
5+ $566K$589.5K
+4.2%

Summary: Long Beach-North Beach Peninsula housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Long Beach
+5.4%
Long Beach-North Beach Peninsula
0.0%
Naselle
-3.5%

Housing Supply in Long Beach-North Beach Peninsula, WA

How many homes are available in Long Beach-North Beach Peninsula, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
235223-5.1%

Summary: The Long Beach-North Beach Peninsula real estate market had 223 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2626
0.0%
2 10295
-6.9%
3 8480
-4.8%
4 1716
-5.9%
5+ 66
0.0%

Summary: The Long Beach-North Beach Peninsula 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 6.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3632-11.1%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Long Beach-North Beach Peninsula, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Long Beach-North Beach Peninsula in November 2024, down by 11.1% month-over-month. Of the 32 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% were sold over asking.

Days on Market for Long Beach-North Beach Peninsula, WA

How long does it take to sell a home in Long Beach-North Beach Peninsula, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
117 Days71 Days-38.8%

Summary: Homes in Long Beach-North Beach Peninsula had an average of 71 days on market in Nov 2024, down by 38.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Long Beach-North Beach Peninsula are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 32 homes were sold in Long Beach-North Beach Peninsula; 41% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 28% 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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