Is Kalama, 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, Kalama has remained a Seller's Market.
Housing Prices in Kalama, WA
How much do homes in Kalama, WA cost?
Median Sold Price
$507,000
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kalama was $507,000 in May 2024, down 2.5% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $560K | $625K | +11.6% |
2 Bedrooms | $485K | $375.2K | -22.6% |
3 Bedrooms | $510K | $508.5K | -0.3% |
4 Bedrooms | $511K | $574K | +12.3% |
5+ Bedrooms | $640K | $699.9K | +9.4% |
Summary: Kalama housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes decreased by 22.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 9.4%.
Housing Supply in Kalama, WA
How many homes are available in Kalama, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
62 | 79 | +27.4% |
Summary: The Kalama real estate market had 79 homes for sale in May 2024, a 27.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 7 | 14 | +100.0% |
3 Bedrooms | 33 | 35 | +6.1% |
4 Bedrooms | 15 | 24 | +60.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Kalama 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 100%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Kalama in May 2024, the same as the previous month. Of the 15 sold homes, 73% were sold under asking, 0% were sold at asking, and 27% were sold over asking.
Days on Market for Kalama, WA
How long does it take to sell a home in Kalama, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 49 Days | +19.3% |
Summary: Homes in Kalama had an average of 49 days on market in May 2024, up by 19.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Kalama; 40% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.