Is Point Roberts, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Point Roberts is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Point Roberts, WA

How much do homes in Point Roberts, WA cost?

Median Sold Price

$402,000

$336/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,000(+3.1%)

Key Takeaway

Homes in Point Roberts have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Point Roberts was $402,000 in October 2024, up 3.1% from last year, and the median price per square foot was $336.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$98K
N/A
2 $331K$310K
-6.3%
3 $524K$490K
-6.5%
4 $550K$1.0M
+85.3%
5+ -$1.3M
N/A

Summary: Point Roberts housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 85.3%, and 5+ bedroom homes did not change.

Housing Supply in Point Roberts, WA

How many homes are available in Point Roberts, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The Point Roberts real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 107
-30.0%
3 68
+33.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The Point Roberts housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Point Roberts, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Point Roberts in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Point Roberts, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days31 Days+197.6%

Summary: Homes in Point Roberts had an average of 31 days on market in Oct 2024, up by 197.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Point Roberts; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

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