$10,000 Closing Credit*
$849,995
1,891 SqFt
2 Beds
•2 Full Baths
Susan Meadows, Listing Office: Toll Brothers Real Estate, Inc
Is Black Diamond, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Black Diamond has remained a Seller's Market.
Key Takeaway
Black Diamond is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Black Diamond, WA
How much do homes in Black Diamond, WA cost?
Median Sold Price
$847,777
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,787(+6.0%)
Key Takeaway
Homes in Black Diamond have sold for 6% more than they did a year ago.
Summary: The median home sold price in Black Diamond was $847,777 in October 2024, up 6% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $412.5K | +44.7% |
| 2 Bedrooms | $694.9K | $763.6K | +9.9% |
| 3 Bedrooms | $649.9K | $721K | +10.9% |
| 4 Bedrooms | $874.6K | $875K | 0.0% |
| 5+ Bedrooms | $951.7K | $992.4K | +4.3% |
Summary: Black Diamond housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.7%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 10.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Maple Valley | $740.6K | $790K | +6.7% |
| Black Diamond | $799.9K | $847.7K | +6.0% |
| Kent | $620K | $650.1K | +4.9% |
| Enumclaw Plateau | $705.9K | $700.4K | -0.8% |
Housing Supply in Black Diamond, WA
How many homes are available in Black Diamond, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 66 | +3.1% |
Summary: The Black Diamond real estate market had 66 homes for sale in October 2024, a 3.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 21 | +16.7% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Black Diamond housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Black Diamond, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Black Diamond in October 2024, up by 8.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for Black Diamond, WA
How long does it take to sell a home in Black Diamond, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 75 Days | +54.9% |
Summary: Homes in Black Diamond had an average of 75 days on market in Oct 2024, up by 54.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Black Diamond are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Black Diamond; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.