$4,749 Closing Credit*
$399,900
1,217 SqFt
3 Beds
•1 Full Bath
Joe Christie, Listing Office: Redfin
Is Olympic West, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Olympic West has remained a Seller's Market.
Key Takeaway
Olympic West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Olympic West, WA
How much do homes in Olympic West, WA cost?
Median Sold Price
$355,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+4.4%)
Key Takeaway
Homes in Olympic West have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Olympic West was $355,000 in November 2024, up 4.4% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $182.6K | $277.5K | +51.9% |
| 3 Bedrooms | $355K | $367K | +3.4% |
| 4 Bedrooms | $477K | $360K | -24.5% |
| 5+ Bedrooms | - | $415K | N/A |
Summary: Olympic West housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.9%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 24.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Olympic East | $367.5K | $385K | +4.8% |
| Olympic West | $340K | $355K | +4.4% |
Housing Supply in Olympic West, WA
How many homes are available in Olympic West, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 19 | -29.6% |
Summary: The Olympic West real estate market had 19 homes for sale in November 2024, a 29.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Olympic West 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 60%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Olympic West, 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 Olympic West in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Olympic West, WA
How long does it take to sell a home in Olympic West, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 65 Days | +66.1% |
Summary: Homes in Olympic West had an average of 65 days on market in Nov 2024, up by 66.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Olympic West has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Olympic West; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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. 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.