Team Luxe Real Estate | Market Insights

Brinnon, WA

Single-Family Homes

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



Brinnon, WA

Sun Dec 22 2024
This week the median list price for Brinnon, WA is $351,000 with the market action index hovering around 44. This is an increase over last month's market action index of 39. Inventory has decreased to 4. Click here to stay informed with the Brinnon market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Brinnon, WA

Sun Dec 22 2024
This week the median list price for Brinnon, WA is $351,000 with the market action index hovering around 44. This is an increase over last month's market action index of 39. Inventory has decreased to 4. Click here to stay informed with the Brinnon market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Brinnon market.
Median List Price $351,000
Median Price of New Listings $0
Per Square Foot $438
Average Days on Market 151
Median Days on Market 172
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$780,000 1,244 0.5 - 1 acre 2 1 47 0 1 14
$365,000 520 2.5 - 5 acres NaN 0.5 8 0 0 140
$337,000 1,350 8,000 - 10,000 sqft 2 2 56 0 0 245
$250,000 1,976 0.25 - 0.5 acre 2 2 65 0 0 203