Is Moss Bay, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moss Bay is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Moss Bay has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Moss Bay, WA

How much do homes in Moss Bay, WA cost?

Median Sold Price

$1,200,000

$819/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$250,000(+26.3%)

Key Takeaway

Homes in Moss Bay have sold for 26.3% more than they did a year ago.

Summary: The median home sold price in Moss Bay was $1,200,000 in October 2024, up 26.3% from last year, and the median price per square foot was $819.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $597.5K$640K
+7.1%
2 $879.9K$900K
+2.3%
3 $1.6M$1.9M
+18.7%
4 $2.3M$2.7M
+17.1%
5+ $2.0M$2.9M
+43.9%

Summary: Moss Bay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 43.9%.

Median Sold Price Compared To Nearby Neighborhoods

Moss Bay
+26.3%
Norkirk
+15.0%

Housing Supply in Moss Bay, WA

How many homes are available in Moss Bay, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4150+22.0%

Summary: The Moss Bay real estate market had 50 homes for sale in October 2024, a 22.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 1627
+68.8%
3 106
-40.0%
4 66
0.0%
5+ 34
+33.3%

Summary: The Moss Bay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 68.8%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moss Bay, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Moss Bay in October 2024, up by 37.5% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.

Days on Market for Moss Bay, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days17 Days+113.8%

Summary: Homes in Moss Bay had an average of 17 days on market in Oct 2024, up by 113.8% compared to last year.

Breakdown of Home Sale Times

9 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 Moss Bay are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Moss Bay; 82% of homes were sold within 30 days, 18% 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 21 Days Ago

Newest Listings in Moss Bay, WA

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