$4,334 Closing Credit*
$365,000
866 SqFt
2 Beds
•1 Full Bath
Ameet Prasad, Listing Office: Berkshire Hathaway HS NW
Is Chase Lake, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Chase Lake has remained a Seller's Market.
Key Takeaway
Chase Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chase Lake, WA
How much do homes in Chase Lake, WA cost?
Median Sold Price
$845,000
$446/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$120,000(+16.6%)
Key Takeaway
Homes in Chase Lake have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in Chase Lake was $845,000 in September 2024, up 16.6% from last year, and the median price per square foot was $446.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | - | N/A |
| 2 Bedrooms | $497.5K | $599.5K | +20.5% |
| 3 Bedrooms | $713.5K | $795K | +11.4% |
| 4 Bedrooms | $880K | $986.9K | +12.2% |
| 5+ Bedrooms | $980K | $1.3M | +35.5% |
Summary: Chase Lake housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 35.5%.
Housing Supply in Chase Lake, WA
How many homes are available in Chase Lake, WA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 31 | 25 | -19.4% |
Summary: The Chase Lake real estate market had 25 homes for sale in September 2024, a 19.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Chase Lake housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chase Lake, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Chase Lake in September 2024, down by 41.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Chase Lake, WA
How long does it take to sell a home in Chase Lake, WA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 27 Days | 38 Days | +41.4% |
Summary: Homes in Chase Lake had an average of 38 days on market in Sep 2024, up by 41.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chase Lake are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 7 homes were sold in Chase Lake; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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.