Is Aberdeen-Hoquiam, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Aberdeen-Hoquiam has remained a Seller's Market.
Housing Prices in Aberdeen-Hoquiam, WA
How much do homes in Aberdeen-Hoquiam, WA cost?
Median Sold Price
$265,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Aberdeen-Hoquiam was $265,000 in May 2024, up 1.9% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $162K | +24.6% |
2 Bedrooms | $207K | $220K | +6.3% |
3 Bedrooms | $280K | $285K | +1.8% |
4 Bedrooms | $282.5K | $300K | +6.2% |
5+ Bedrooms | $345K | $350K | +1.4% |
Summary: Aberdeen-Hoquiam housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 1.4%.
Housing Supply in Aberdeen-Hoquiam, WA
How many homes are available in Aberdeen-Hoquiam, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
115 | 137 | +19.1% |
Summary: The Aberdeen-Hoquiam real estate market had 137 homes for sale in May 2024, a 19.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 18 | 23 | +27.8% |
3 Bedrooms | 62 | 70 | +12.9% |
4 Bedrooms | 25 | 32 | +28.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Aberdeen-Hoquiam housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 28%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 27 | +58.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Aberdeen-Hoquiam in May 2024, up by 58.8% month-over-month. Of the 27 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Aberdeen-Hoquiam, WA
How long does it take to sell a home in Aberdeen-Hoquiam, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 76 Days | +227.1% |
Summary: Homes in Aberdeen-Hoquiam had an average of 76 days on market in May 2024, up by 227.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in Aberdeen-Hoquiam; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.