$3,978 Closing Credit*
$335,000
619 SqFt
1 Bed
•1 Bath
Steven R. Sterling, Listing Office: Windermere R E Mount Baker
Is Broadway, 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, Broadway has remained a Seller's Market.
Key Takeaway
Broadway is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broadway, WA
How much do homes in Broadway, WA cost?
Median Sold Price
$567,500
$641/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,500(-2.2%)
Key Takeaway
Homes in Broadway have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Broadway was $567,500 in October 2024, down 2.2% from last year, and the median price per square foot was $641.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $389K | -5.1% |
| 2 Bedrooms | $684.9K | $617.5K | -9.9% |
| 3 Bedrooms | $1.1M | $1.1M | -2.7% |
| 4 Bedrooms | $1.4M | $1.5M | +6.9% |
| 5+ Bedrooms | $2.9M | $3.0M | +4.3% |
Summary: Broadway housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Stevens | $1.0M | $1.2M | +28.0% |
| First Hill | $440K | $510K | +15.9% |
| Capitol Hill | $1.6M | $1.8M | +14.7% |
| Broadway | $580K | $567.5K | -2.2% |
Housing Supply in Broadway, WA
How many homes are available in Broadway, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 113 | 127 | +12.4% |
Summary: The Broadway real estate market had 127 homes for sale in October 2024, a 12.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 61 | 63 | +3.3% |
| 2 Bedrooms | 29 | 37 | +27.6% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Broadway housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 27.6%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broadway, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Broadway in October 2024, up by 15.8% month-over-month. Of the 22 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.
Days on Market for Broadway, WA
How long does it take to sell a home in Broadway, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 68 Days | +119.8% |
Summary: Homes in Broadway had an average of 68 days on market in Oct 2024, up by 119.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Broadway are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in Broadway; 45% of homes were sold within 30 days, 32% 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.