$10,000 Closing Credit*
$925,000
2,286 SqFt
4 Beds
•1 Full Bath, 1 Partial
Darcel Fogerty, Listing Office: eXp Realty
Is Chase Lake, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$860,000
$464/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$113,800(+15.3%)
Key Takeaway
Homes in Chase Lake have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Chase Lake was $860,000 in November 2024, up 15.3% from last year, and the median price per square foot was $464.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305.9K | - | N/A |
| 2 Bedrooms | $480K | $599.5K | +24.9% |
| 3 Bedrooms | $713.5K | $822.5K | +15.3% |
| 4 Bedrooms | $931K | $967.5K | +3.9% |
| 5+ Bedrooms | $980K | $1.3M | +38.5% |
Summary: Chase Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.9%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 38.5%.
Housing Supply in Chase Lake, WA
How many homes are available in Chase Lake, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Summary: The Chase Lake real estate market had 17 homes for sale in November 2024, a 26.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 9 | 3 | -66.7% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Chase Lake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chase Lake, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Chase Lake in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 51 Days | +32.5% |
Summary: Homes in Chase Lake had an average of 51 days on market in Nov 2024, up by 32.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chase Lake are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Chase Lake; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.