Is Brewster-Wakefield, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brewster-Wakefield is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Brewster-Wakefield has remained a Seller's Market.

Key Takeaway

Brewster-Wakefield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brewster-Wakefield, WA

How much do homes in Brewster-Wakefield, WA cost?

Median Sold Price

$417,500

$251/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$1,500(+0.4%)

Key Takeaway

The sold price of homes in Brewster-Wakefield has remained the same since last month.

Summary: The median home sold price in Brewster-Wakefield was $417,500 in May 2024, up 0.4% from last month, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $295K-
N/A
2 $450K$385K
-14.4%
3 $412K$450K
+9.2%
4 $420K-
N/A
5+ --
N/A

Summary: Brewster-Wakefield housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brewster
+9.7%
Pateros
+2.6%
Brewster-Wakefield
0.4%

Housing Supply in Brewster-Wakefield, WA

How many homes are available in Brewster-Wakefield, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1513-13.3%

Summary: The Brewster-Wakefield real estate market had 13 homes for sale in May 2024, a 13.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 77
0.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Brewster-Wakefield 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brewster-Wakefield, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Brewster-Wakefield in May 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Brewster-Wakefield, WA

How long does it take to sell a home in Brewster-Wakefield, WA?

Average Sale Time

Apr 2024May 2024CHANGE
145 Days70 Days-51.8%

Summary: Homes in Brewster-Wakefield had an average of 70 days on market in May 2024, down by 51.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brewster-Wakefield are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Brewster-Wakefield; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 9 Days Ago

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