West Fork's housing market shows a growing inventory overhang alongside modestly firming prices and a somewhat quicker pace of sales compared to the prior period.
Price Trends
The median sale price in West Fork reached $293,950, up 1.7% from the previous period, while the median list price climbed to $327,250, up 3.9%. Price per square foot rose to $189.89, an increase of 3.6%. The median sale-to-list ratio held at 100%, though this was down 1.8 percentage points from the prior period, suggesting slightly less upward pressure on final sale prices relative to asking.
Inventory & Supply
Active listings climbed to 9,318, a 19.7% increase over the previous period, while new listings fell 8.2% to 90. Months of supply rose sharply to 1,199.9, up 23.6% from the prior period, and the market condition is characterized as a Buyer's Market. The absorption rate stood at 0.08%, with a sell-through rate of 68.9%.
Pace of Sales
Homes sold in an average of 55.15 days, an improvement of 14.4% compared to the previous period; the median time on market was 29.5 days, offered here as supporting context. A total of 62 homes sold during the period, down slightly (3.1%) from the prior period's 64 sales.
Property Type & Price Segment Highlights
Houses made up the vast majority of activity, with 60 sales at a median price of $297,475 and an average of 55 days on market. Manufactured homes saw 2 sales at a median price of $185,000. Among price bands, the $200K–$400K range was the most active with 37 sales and 3 months of supply, while homes under $200K moved fastest, averaging 31.33 days on market with 2.7 months of supply.
At a Glance
- Median Sale Price: $293,950
- Average Days on Market: 55.15 days
- Months of Supply: 1,199.9
- Homes Sold: 62
- Total Sales Volume: $24,775,591
- Sale-to-List Ratio: 100%
See the full interactive year-to-date market report: https://nwastats.com/market-report/west-fork-washington-county-year-to-date-market-update/