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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rocky Point is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rocky Point was a Neutral Market.

Key Takeaway

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

Housing Prices in Rocky Point, WA

How much do homes in Rocky Point, WA cost?

Median Sold Price

$442,500

$321/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$12,500(+2.9%)

Key Takeaway

Homes in Rocky Point have sold for 2.9% more than they did a month ago.

Summary: The median home sold price in Rocky Point was $442,500 in October 2024, up 2.9% from last month, and the median price per square foot was $321.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $334.9K-
N/A
3 $465K$442.5K
-4.8%
4 --
N/A
5+ --
N/A

Summary: Rocky Point housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rocky Point, WA

How many homes are available in Rocky Point, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1821+16.7%

Summary: The Rocky Point real estate market had 21 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 711
+57.1%
3 109
-10.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Rocky Point 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 increased by 57.1%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

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 Rocky Point, 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 Rocky Point in October 2024, up by 33.3% 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 Rocky Point, WA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
50 Days27 Days-44.5%

Summary: Homes in Rocky Point had an average of 27 days on market in Oct 2024, down by 44.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rocky Point has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Rocky Point; 25% of homes were sold within 30 days, 75% 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 15 Days Ago

Newest Listings in Rocky Point, WA

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