Is South Cle Elum, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Cle Elum is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, South Cle Elum was a Seller's Market.

Key Takeaway

South Cle Elum 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 South Cle Elum, WA

How much do homes in South Cle Elum, WA cost?

Median Sold Price

$542,000

$445/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$177,000(+48.5%)

Key Takeaway

Homes in South Cle Elum have sold for 48.5% more than they did a month ago.

Summary: The median home sold price in South Cle Elum was $542,000 in November 2024, up 48.5% from last month, and the median price per square foot was $445.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $135K-
N/A
3 $467.5K$542K
+15.9%
4 --
N/A
5+ --
N/A

Summary: South Cle Elum housing prices by bedroom type for November 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 increased by 15.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

South Cle Elum
+48.5%
Cle Elum
+6.9%

Housing Supply in South Cle Elum, WA

How many homes are available in South Cle Elum, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The South Cle Elum real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 75
-28.6%
4 11
0.0%
5+ 00
0.0%

Summary: The South Cle Elum 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 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer100%

Key Takeaway

If you're buying a home in South Cle Elum, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in South Cle Elum in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for South Cle Elum, WA

How long does it take to sell a home in South Cle Elum, WA?

Average Sale Time

Oct 2024Nov 2024CHANGE
7 Days18 Days+157.1%

Summary: Homes in South Cle Elum had an average of 18 days on market in Nov 2024, up by 157.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times100%

Key Takeaway

Many homes in South Cle Elum are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in South Cle Elum; 100% of homes were sold within 30 days, 0% 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 19 Days Ago

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