Real Estate Market Report - Washougal, WA (Nov, 2023)

by Matt Kachevas

Current Market Condition

166

Active Listings

Pending Listings

$826,450

Median List Price

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The median sale/list price for properties in November 2022 was $681,000, which decreased to $494,450 in January 2023 before gradually increasing to $799,000 in October 2023. The median sale/list price for properties in the same time period was lower, starting at $606,000 in November 2022 and decreasing to $530,000 in September 2023 before increasing to $531,000 in October 2023.

Median Sale/List Price

List Price

Sale Price

The median sale price per square foot varies from month to month, with the highest median sale price per square foot occurring in February of 2023 at $333.528 and the lowest median sale price per square foot occurring in December of 2022 at $268.302. Overall, there is an upward trend in median sale price per square foot from December of 2022 to October of 2023.

Median Sale Price per Square Foot

The median sale price to list price ratio shows relatively stable values over the next year, with some fluctuations. The ratio starts at 0.972 in November 2022, reaches a peak of 1.0 in February, May, June, July, and August of 2023, and ends at 0.997 in October 2023. Overall, this indicates a balanced housing market, with sellers and buyers able to negotiate reasonably fair prices.

Median Sale Price to List Price Ratio

The data shows the number of properties sold and listed each month from November 2022 to October 2023. Highlights include a peak in properties listed in May 2023 with 64, and a peak in properties sold in June 2023 with 84. There is a slight decline in both sold and listed properties towards the end of the year, with 42 properties listed in September 2023 and 21 properties sold in September 2023.

Properties Sold/Listed

Properties Listed

Properties Sold

The median days on market for homes appears to be fluctuating between 43 and 77 days over the coming year, with the lowest median days on market occurring in June and the highest occurring in September. Overall, the median days on market tends to be around 60 days.

Median Days on Market