Is Denny Regrade, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Denny Regrade is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Denny Regrade was a Seller's Market.

Key Takeaway

Denny Regrade is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Denny Regrade, WA

How much do homes in Denny Regrade, WA cost?

Median Sold Price

$825,000

$854/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$115,000(+16.2%)

Key Takeaway

Homes in Denny Regrade have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in Denny Regrade was $825,000 in October 2024, up 16.2% from last year, and the median price per square foot was $854.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $575K$611.1K
+6.3%
2 $1.0M$989K
-5.8%
3 $2.3M$1.7M
-26.9%
4 --
N/A
5+ --
N/A

Summary: Denny Regrade housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Denny Regrade
+16.2%
Downtown
+13.1%
Central Business District
+8.5%
Broadway
-2.2%

Housing Supply in Denny Regrade, WA

How many homes are available in Denny Regrade, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
84105+25.0%

Summary: The Denny Regrade real estate market had 105 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4559
+31.1%
2 3438
+11.8%
3 58
+60.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Denny Regrade housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 31.1%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Denny Regrade, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Denny Regrade in October 2024, up by 11.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Denny Regrade, WA

How long does it take to sell a home in Denny Regrade, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
81 Days72 Days-10.3%

Summary: Homes in Denny Regrade had an average of 72 days on market in Oct 2024, down by 10.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Denny Regrade are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 10 homes were sold in Denny Regrade; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% 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 20 Days Ago

Newest Listings in Denny Regrade, WA

Nearby Markets to Denny Regrade, WA