Team Luxe Real Estate | Market Insights

Chimacum, WA

Single-Family Homes

206-672-5724 | https://teamluxere.com/


Current active inventory in Chimacum, WA is very low. Keep this in mind when looking at this report.

Chimacum, WA

Sun Dec 22 2024
This week the median list price for Chimacum, WA is $1,595,000 with the market action index hovering around 44. This is less than last month's market action index of 55. Inventory has decreased to 1. Click here to stay informed with the Chimacum market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Chimacum, WA

Sun Dec 22 2024
This week the median list price for Chimacum, WA is $1,595,000 with the market action index hovering around 44. This is less than last month's market action index of 55. Inventory has decreased to 1. Click here to stay informed with the Chimacum market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Chimacum market.
Median List Price $1,595,000
Median Price of New Listings $0
Per Square Foot $396
Average Days on Market 98
Median Days on Market 98
Price Decreased 100%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 44
Slight Seller's Advantage

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,595,000 4,018 N/A 3 3.5 18 0 0 98