Is Clear Lake, 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, Clear Lake has remained a Seller's Market.
Housing Prices in Clear Lake, WA
How much do homes in Clear Lake, WA cost?
Median Sold Price
$625,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clear Lake was $625,000 in May 2024, down 6.4% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $350K | N/A |
2 Bedrooms | $390K | $532.2K | +36.5% |
3 Bedrooms | $737.5K | $675K | -8.5% |
4 Bedrooms | $675K | $960K | +42.2% |
5+ Bedrooms | $1.5M | - | N/A |
Summary: Clear Lake housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.5%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 42.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lyman-Hamilton | $530K | $600K | +13.2% |
Upper Samish River | $575K | $632.5K | +10.0% |
Lake Cavanaugh | $725K | $775K | +6.9% |
Clear Lake | $668K | $625K | -6.4% |
Housing Supply in Clear Lake, WA
How many homes are available in Clear Lake, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Summary: The Clear Lake real estate market had 7 homes for sale in May 2024, a 133.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Clear Lake housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Clear Lake in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Clear Lake, WA
How long does it take to sell a home in Clear Lake, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 15 Days | +50.0% |
Summary: Homes in Clear Lake had an average of 15 days on market in May 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Clear Lake; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.