Team Luxe Real Estate | Market Insights
Brinnon, WA
Single-Family Homes
206-672-5724 | https://teamluxere.com/
Brinnon, WA
Wed Sep 18 2024
This week the median list price for Brinnon, WA is $602,250 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 12.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.
Real-Time Market Profile
| Median List Price | $602,250 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $386 | |
| Average Days on Market | 132 | |
| Median Days on Market | 105 | |
| Price Decreased | 58% | |
| Price Increased | 0% | |
| Relisted | 8% | |
| Inventory | 12 | |
| Median Rent | ||
| Market Action | 31 | |
| Slight Seller's Advantage | ||
This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.
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 |
|---|---|---|---|---|---|---|---|---|
| $949,000 | 2,181 | 5 - 10 acres | 3 | 2.5 | 27 | 0 | 0 | 98 |
| $799,000 | 2,064 | 5 - 10 acres | 2 | 2.5 | 25 | 0 | 0 | 119 |
| $370,000 | 1,176 | 0.5 - 1 acre | 2 | 1 | 11 | 0 | 1 | 154 |
| $275,000 | 1,350 | 0.25 - 0.5 acre | 2 | 2 | 64 | 0 | 0 | 112 |