Is Long Beach-North Beach Peninsula, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Long Beach-North Beach Peninsula was a Seller's Market.
Housing Prices in Long Beach-North Beach Peninsula, WA
How much do homes in Long Beach-North Beach Peninsula, WA cost?
Median Sold Price
$349,500
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Long Beach-North Beach Peninsula was $349,500 in April 2024, up 1% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $245K | +22.5% |
2 Bedrooms | $339K | $320K | -5.6% |
3 Bedrooms | $360K | $427.5K | +18.8% |
4 Bedrooms | $564.5K | $546K | -3.3% |
5+ Bedrooms | $553K | $150K | -72.9% |
Summary: Long Beach-North Beach Peninsula housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 72.9%.
Median Sold Price Compared To Nearby Cities
Long Beach | $294.5K | $350K | +18.8% |
Long Beach-North Beach Peninsula | $346.1K | $349.5K | +1.0% |
Naselle | $387.5K | $340K | -12.3% |
Seaview | $379K | $312K | -17.7% |
Housing Supply in Long Beach-North Beach Peninsula, WA
How many homes are available in Long Beach-North Beach Peninsula, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 182 | +11.7% |
Summary: The Long Beach-North Beach Peninsula real estate market had 182 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 22 | +22.2% |
2 Bedrooms | 66 | 71 | +7.6% |
3 Bedrooms | 64 | 74 | +15.6% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Long Beach-North Beach Peninsula housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 27 | +12.5% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Long Beach-North Beach Peninsula in April 2024, up by 12.5% month-over-month. Of the 27 sold homes, 67% were sold under asking, 26% were sold at asking, and 7% were sold over asking.
Days on Market for Long Beach-North Beach Peninsula, WA
How long does it take to sell a home in Long Beach-North Beach Peninsula, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 54 Days | -28.9% |
Summary: Homes in Long Beach-North Beach Peninsula had an average of 54 days on market in Apr 2024, down by 28.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Long Beach-North Beach Peninsula; 59% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.