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Ridgefield, WA 98642 - Condos

This week the median list price for Ridgefield, WA 98642 is $485,000 with the market action index hovering around 54. This is an increase over last month's market action index of 49. Inventory has increased to 7. Click here to stay informed with the Ridgefield market!

Market Action Index

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

 

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Camas market.

Median List Price $849,000
Median Price of New Listings $810,068
Per Square Foot $331
Average Days on Market 161
Median Days on Market 70
Price Decreased 34%
Price Increased 6%
Relisted 6%
Inventory 137
Median Rent $2,760
Market Action 35
Slight Seller's Advantage

 

Median List Price



Average Days on Market (DOM)



Median Days on Market (DOM)



Price Per Square Foot



Properties with Price Decrease



Properties with Price Increase



Relisted



Inventory



Market Action Index



We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

 

Market Segments

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

 

 

A Realtor that Cares

If you are thinking about buying or selling a property in Washington or Oregon, you need a Realtor that knows the market. You will be my absolute focus. I will work with you every step of the way. First property or moving to your forever home, I will make the process simple, efficient and tailored to your wishes.