Is Canyon Creek / 39th SE, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canyon Creek / 39th SE is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Canyon Creek / 39th SE was a Seller's Market.

Key Takeaway

Canyon Creek / 39th SE is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Canyon Creek / 39th SE, WA

How much do homes in Canyon Creek / 39th SE, WA cost?

Median Sold Price

$1,370,000

$515/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,000(-2.1%)

Key Takeaway

Homes in Canyon Creek / 39th SE have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Canyon Creek / 39th SE was $1,370,000 in October 2024, down 2.1% from last year, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $545K$415K
-23.9%
3 $895K$875K
-2.2%
4 $1.3M$1.3M
-3.3%
5+ $1.4M$1.4M
-2.4%

Summary: Canyon Creek / 39th SE housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 2.4%.

Housing Supply in Canyon Creek / 39th SE, WA

How many homes are available in Canyon Creek / 39th SE, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2630+15.4%

Summary: The Canyon Creek / 39th SE real estate market had 30 homes for sale in October 2024, a 15.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 11
0.0%
4 1516
+6.7%
5+ 79
+28.6%

Summary: The Canyon Creek / 39th SE 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canyon Creek / 39th SE, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Canyon Creek / 39th SE in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Canyon Creek / 39th SE, WA

How long does it take to sell a home in Canyon Creek / 39th SE, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days18 Days-26.2%

Summary: Homes in Canyon Creek / 39th SE had an average of 18 days on market in Oct 2024, down by 26.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Canyon Creek / 39th SE are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Canyon Creek / 39th SE; 80% of homes were sold within 30 days, 20% 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 4 Days Ago

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