Is Point Roberts, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Point Roberts was a Seller's Market.
Housing Prices in Point Roberts, WA
How much do homes in Point Roberts, WA cost?
Median Sold Price
$500,000
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Point Roberts was $500,000 in May 2024, up 21.2% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $392.4K | $98K | -75.0% |
2 Bedrooms | $320K | $389K | +21.6% |
3 Bedrooms | $479.5K | $582.5K | +21.5% |
4 Bedrooms | - | $818.2K | N/A |
5+ Bedrooms | $430K | $1.3M | +202.3% |
Summary: Point Roberts housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 21.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 202.3%.
Housing Supply in Point Roberts, WA
How many homes are available in Point Roberts, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Summary: The Point Roberts real estate market had 17 homes for sale in May 2024, a 13.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Point Roberts housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Point Roberts in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
160 Days | 106 Days | -33.9% |
Summary: Homes in Point Roberts had an average of 106 days on market in May 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Point Roberts; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.