Is Bridle Trails, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bridle Trails is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bridle Trails has remained a Seller's Market.

Key Takeaway

Bridle Trails is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bridle Trails, WA

How much do homes in Bridle Trails, WA cost?

Median Sold Price

$1,861,000

$701/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$57,500(+3.2%)

Key Takeaway

Homes in Bridle Trails have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Bridle Trails was $1,861,000 in November 2024, up 3.2% from last year, and the median price per square foot was $701.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $446.4K$301.5K
-32.5%
2 $462.1K$560K
+21.2%
3 $1.6M$1.4M
-13.7%
4 $2.1M$2.2M
+4.3%
5+ $2.7M$3.3M
+20.1%

Summary: Bridle Trails housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.5%, 2 bedroom homes increased by 21.2%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 20.1%.

Housing Supply in Bridle Trails, WA

How many homes are available in Bridle Trails, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4137-9.8%

Summary: The Bridle Trails real estate market had 37 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1515
0.0%
3 87
-12.5%
4 118
-27.3%
5+ 76
-14.3%

Summary: The Bridle Trails housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bridle Trails, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Bridle Trails in November 2024, down by 30.8% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.

Days on Market for Bridle Trails, WA

How long does it take to sell a home in Bridle Trails, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days4 Days-84.6%

Summary: Homes in Bridle Trails had an average of 4 days on market in Nov 2024, down by 84.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bridle Trails are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Bridle Trails; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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