The housing market in South Cle Elum continues to see strong price appreciation, with values up 44.3% compared to last year. Home prices have increased 15.9% in the past month alone. With 3 active listings, inventory is 200% higher than seasonal norms. Homes are taking about 19 days to sell, which is -19 days longer than this time last year. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the South Cle Elum market with the affordability index at 3160.3. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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