Is Hoodsport, 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, Hoodsport was a Seller's Market.
Housing Prices in Hoodsport, WA
How much do homes in Hoodsport, WA cost?
Median Sold Price
$356,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hoodsport was $356,000 in May 2024, up 1% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236.5K | $285.5K | +20.7% |
2 Bedrooms | $360K | $390K | +8.3% |
3 Bedrooms | $377K | $405K | +7.4% |
4 Bedrooms | - | $700K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Hoodsport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 7.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hoodsport | $352.5K | $356K | +1.0% |
West Mason | $350K | $351.2K | 0.4% |
Quilcene Bay-Brinnon | $400K | $355K | -11.2% |
Housing Supply in Hoodsport, WA
How many homes are available in Hoodsport, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 52 | +30.0% |
Summary: The Hoodsport real estate market had 52 homes for sale in May 2024, a 30.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 12 | +20.0% |
2 Bedrooms | 21 | 28 | +33.3% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hoodsport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Hoodsport in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Hoodsport, WA
How long does it take to sell a home in Hoodsport, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 57 Days | +275.8% |
Summary: Homes in Hoodsport had an average of 57 days on market in May 2024, up by 275.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Hoodsport; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.