In October 2024, home prices in Camas saw a significant increase, rising by 9.9% year-over-year to reach a median price of $840K. While the market experienced a notable price surge, the average time on the market extended to 44 days, compared to just 18 days in October 2023. This suggests a shift toward a more deliberate buying process, possibly due to higher price points or changing buyer preferences. Despite the longer selling times, demand remains strong, as evidenced by the 42 homes sold this October, a substantial jump from 24 homes sold during the same period last year. This combination of rising prices and increased sales volume highlights Camas's continued appeal, especially for those seeking upscale living in the area.

Camas is moderately competitive, with homes typically selling within 31 days. While not all properties experience bidding wars, some do receive multiple offers, reflecting steady buyer interest. On average, homes sell for approximately 1% below the listing price and go under contract in about 31 days. However, highly desirable properties, often referred to as "hot homes," can sell at or near the listing price and go pending in as little as 9 days. This indicates that while the market allows buyers some breathing room, well-priced or standout properties still attract quick and competitive offers.

In October 2024, Camas, WA, was considered a balanced market, indicating that the supply of homes for sale matched the demand from buyers relatively evenly. This balance creates a stable environment for both buyers and sellers, where neither party holds a significant advantage. Buyers may find a decent selection of properties to choose from without feeling pressured to act immediately, while sellers can still expect fair market value for their homes without facing steep competition. Such conditions are ideal for those seeking a steady and predictable real estate experience in Camas.