Is Chief Garry Park, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chief Garry Park is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Chief Garry Park was a Seller's Market.

Key Takeaway

Chief Garry Park 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 Chief Garry Park, WA

How much do homes in Chief Garry Park, WA cost?

Median Sold Price

$299,475

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$24,475(+8.9%)

Key Takeaway

Homes in Chief Garry Park have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Chief Garry Park was $299,475 in December 2024, up 8.9% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $279K-
N/A
2 $257K$242K
-5.8%
3 $270.5K$299.9K
+10.9%
4 $301.7K$342.2K
+13.4%
5+ $285K$357K
+25.3%

Summary: Chief Garry Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 25.3%.

Median Sold Price Compared To Nearby Neighborhoods

Chief Garry Park
+8.9%
Minnehaha
+7.5%

Housing Supply in Chief Garry Park, WA

How many homes are available in Chief Garry Park, WA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
18180.0%

Summary: The Chief Garry Park real estate market had 18 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 86
-25.0%
4 45
+25.0%
5+ 54
-20.0%

Summary: The Chief Garry Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chief Garry Park, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Chief Garry Park in December 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Chief Garry Park, WA

How long does it take to sell a home in Chief Garry Park, WA?

Average Sale Time

Dec 2023Dec 2024CHANGE
11 Days29 Days+161.8%

Summary: Homes in Chief Garry Park had an average of 29 days on market in Dec 2024, up by 161.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chief Garry Park has remained consistent over time.

Summary: During December 2024, 3 homes were sold in Chief Garry Park; 33% of homes were sold within 30 days, 67% 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 6 Days Ago

Newest Listings in Chief Garry Park, WA

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